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Mr Khan said:
Kasz216 said:
SamuelRSmith said:
 

Actually, I was referring to the war. Keynsians who believe that spending is spending should have no problem with billions being spent on bombs, etc.


That is the strange disconnect isn't it?  One war got us out of depression because of huge government spending, and another helped get us in one due to huge government spending and is why we can't recover.

I've never seen those two points reconciled.

These wars have helped business, to be certain. I would say the general changes in our economic factors (the much smaller share of manufacturing) makes the difference, but these wars have helped some smaller companies in manufacturing. My dad's steel forging company has benefitted most from the war and from (sadly enough) hydraulic fracking


What we have here is the problem between the seen, and the unseen. War spending has aided business because the Government has bought steel, etc. What's not seen is how the money would have been spent IF the Government had not have gone to war, if it wasn't taken away in tax.