Monroe,
Bastiat wants a word or three with you. His essay "What Is Seen and What
Is Not Seen" http://www.econlib.org/library/Bastiat/basEss1.html is one
good exposition.
Or just look up "Broken Window Fallacy". And what is war but breaking
windows (and everything else) on a massive scale?
David Masten
CTO
Masten Space Systems, Inc.
1570 Sabovich St., Mojave, CA 93501
415.244.9171 (Mobile)
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On 12/29/2015 3:23 PM, Monroe L. King Jr. wrote:
All the war we have been in since WWII are economic wars
There is no winner and it's intended to be that way.
It's about moving money around yes.
They learned that from the Korean war and have used it to stimulate the
economy ever since.
Money that goes into war filters out into the country.
It looks bad on the deficet of course but that works double in their
favor if they can keep the public believing it's necessary
War stimulates our country's economy it's pretty simple.
-------- Original Message --------
Subject: [AR] Re: OT economy booster
From: "John Dom" <johndom@xxxxxxxxx>
Date: Tue, December 29, 2015 2:53 pm
To: <arocket@xxxxxxxxxxxxx>
On Tue, 29 Dec 2015, John Dom wrote:
War is an economy booster. War makes money, jobs ect...
Usually only if you win the war...
On Behalf Of Henry Spencer 291215:
Often not even then. The money still has to come from somewhere, and agovernment can only extract so much from its citizens before things fall
apart. WW1 devastated Britain's economy, and the beginnings of WW2 finished
it off -- Britain was quite literally *bankrupt* at the end of February
1941. The Lend-Lease Agreement and some other outside help postponed the
problem for the rest of the war, but times were hard in Britain for years
afterward -- food rationing continued until 1954 -- and it needed several
decades to fully recover.
Next came Suez and J.F. Dulless coup de grâce to Eden.