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slvemike4u -> RE: Iran says it now runs more than 5,000 centrifuges (11/26/2008 6:50:37 PM)
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quote:
ORIGINAL: celticlord2112
quote:
They've worked so well so far, with two ongoing wars bringing us to the heights of economic prosperity we enjoy today!
http://www.indexmundi.com/g/g.aspx?c=us&v=67
The financial sector imploded because of its own stupidity, and the housing bubble was a train wreck everyone should have seen coming, but beyond those two negatives, the U.S. economy has posted steady, measurable, growth since 2000.
That WWII ended the Great Depression is historical fact, supported by nearly every economic indicator--unemployment in particular.
That Vietnam overheated the economy, as LBJ monetized the costs thereof (including privatizing Fannie Mae and Freddie Mac to help pay the piper), is also well documented.
Much of President Reagan's spending went to the defense budget.
Saddam Hussein invaded Kuwait in large part because he needed to pay and keep busy his large army left over from his indecisive war with Iran.
Adolf Hitler's buildup of the Wehrmacht contributed substantially towards the economic revitalization of Germany after the disaster of the Wiemar Republic.
Japanese expansionism and militarism was a driving force in their economy prior to WWII.
Losing a war is economically disastrous--as Germany and Japan discovered after WWII, but there is no denying that war and the logistics thereof expand a nation's economic output.
No arguing with facts,though I do have one question.If we grant your assertion that war and the full-blown mobilization that is often required will and can stimulate the economy,could not the same stimulation occur by attending to the appalling state of our nations infrastructue....and avoid the attending bloodletting a war would entail.
PE Obama has stated ,in no uncertain terms,that he adheres to what has been U.S. stated policy...ie: Iran having nukes is a "gamechanger",there are other ways to address this short of war.The carrot and stick approach works best when one keeps his stick in his pocket till no other option is available....amping up an ailing economy would not seem to be a legitimate reason to bleed America of its #1 resource...it's youth.
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