Thread: Bush says war is good for economy. WHAT?

I just heard Bush on the news saying he doesn't see a link between the war and the condition of the economy. And further more he said he thought the war was good for the economy saying it has people buying and making things for the war.

He also said the economy is a result of to many houses being built.

This guy ia a real joke.

Originally Posted by Chexfive

I just heard Bush on the news saying he doesn't see a link between the war and the condition of the economy. And further more he said he thought the war was good for the economy saying it has people buying and making things for the war.

He also said the economy is a result of to many houses being built.

This guy ia a real joke.

WHere did you hear this? Do you have a link?

http://www.presstv.ir/detail.aspx?id=43 ... id=3510203

Originally Posted by Chexfive

This guy ia a real joke.

... a dirty joke because we're not laughing.

"war was good for"

The war is good for making him and his buddies richer and richer.

Economically speaking, Bush is wrong.

The Broken Window Fallacy Reapplied

A kid throws a rock at a window and breaks it, and everyone standing around regrets the unfortunate state of affairs. But then up walks a man who purports to be wise and all knowing. He points out that this is not a bad thing after all. The man fixing the window will get money for doing so. [The repairman's fee] will then be spent on a new suit, and the tailor too will get money. The tailor will spend money on other items, and the circle of rising prosperity will expand without end.

What's wrong with this scenario? As Bastiat put it, "It is not seen that as our shopkeeper has spent six francs upon one thing, he cannot spend them upon another. It is not seen that if he had not had a window to replace, he would, perhaps, have replaced his old shoes, or added another book to his library. In short, he would have employed his six francs in some way which this accident has prevented."

http://www.mises.org/story/2868

Sick!

Can we declare war on mexico then. It seems as if they have already declared war on us and we are doing nothing about it.

If we are going to go to war, then atleast do so against a country that actually intends to do us harm. The irony is we rush to the defense of countries all over the world, yet stand by and do nothing as the country next doors slowly invades.

http://en.wikipedia.org/wiki/Military_Keynesianism

http://en.wikipedia.org/wiki/Permanent_war_economy

Check it out.. I am telling you this is what they believe..

Who it is good for is Haliburton and other corporations...he thinks we are a bunch of fools!!! they are stealing us blind!!




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