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Originally posted by: forkushV
Of course it's government spending that can spur the economy (John Maynard Keynes 1883-1946). There is nothing magical about spending it on bombs and bullets that makes it super special for our joint prosperity.
But here's the thing. When the government spends money on bombs and bullets, you end up with blown up stuff and dead people - and an improved economy. When the government spends money on infrastructure and health care, you end up with better roads and healthy people - and an improved economy.
I like option B.
Originally posted by: forkushV
QuoteWhich is why Obama inherited such a booming economy from President Bush, right?
Originally posted by: CowboyKell
So, lets put the idea of the war itself aside, you don't like it and that's fine. However, of all that money spent on the war, how much do you think stays in Iraq and how much is actually circulated in the US economy?
Since the beginning of time on Earth the greatest motivators of growth and prosperity have been war and exploration.
Of course it's government spending that can spur the economy (John Maynard Keynes 1883-1946). There is nothing magical about spending it on bombs and bullets that makes it super special for our joint prosperity.
But here's the thing. When the government spends money on bombs and bullets, you end up with blown up stuff and dead people - and an improved economy. When the government spends money on infrastructure and health care, you end up with better roads and healthy people - and an improved economy.
I like option B.
I like option B too. But when you are making an argument you have to remember that option A is always, ALWAYS, in every economy in history, more successful.
