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War, War, War
See other War, War, War Articles

Title: WashPost: War with Iran would rescue economy
Source: Raw Story
URL Source: http://www.rawstory.com/rs/2010/10/washpost-war-iran-rescue-economy/
Published: Oct 31, 2010
Author: Daniel Tencer
Post Date: 2010-11-01 00:29:37 by F.A. Hayek Fan
Keywords: None
Views: 199
Comments: 16

Washington Post political correspondent David Broder has kind words for President Barack Obama in in his opinion column Sunday, arguing that it isn't the president's fault the economy is stuck in reverse.

But the four-decade-plus veteran of Washington politics offers a startling solution to the president's political and economic woes: March off to war with Iran.

The president, who is "much smarter" and "more inspirational" than any of his opponents, could benefit from a confrontation with Iran because it would strike up a war machine that would pull the US out of economic stagnation, Broder argues.

He writes that there are "essentially" two ways that an economy can be grown: Through the natural economic cycle, and through war.

Look back at FDR and the Great Depression. What finally resolved that economic crisis? World War II.

Here is where Obama is likely to prevail. With strong Republican support in Congress for challenging Iran's ambition to become a nuclear power, he can spend much of 2011 and 2012 orchestrating a showdown with the mullahs. This will help him politically because the opposition party will be urging him on. And as tensions rise and we accelerate preparations for war, the economy will improve.

"I am not suggesting, of course, that the president incite a war to get reelected," Broder qualifies. "But the nation will rally around Obama because Iran is the greatest threat to the world in the young century."

Broder's column has come in for almost instant criticism from economic and political policy experts. In a blog entry entitled "Has David Broder Lost His Mind?," Foreign Policy managing editor Blake Hounshell writes that Broder's proposal is "crazy for a number of reasons."

One is that markets don't like tensions, and certainly not the kind that jack up oil prices. Second, World War II brought the United States out of the Great Depression because it was a massive economic stimulus program that mobilized entire sectors of society. Today's American military has all the tools it needs to fight Iran, and there isn't going to be any sort of buildup. Hasn't Broder been reading his own newspaper? The Pentagon is looking to find billions in cuts as it confronts the coming world of budget austerity.

Writing at the same magazine, Marc Lynch argues that Broder's column is "an interesting study in how really dumb ideas bounce around Washington DC," and asserts that the Obama administration finds such an idea "ridiculous."

Dean Baker of the Center for Economic and Policy Research argues that Broder's idea for government-driven stimulus isn't wrong, but it doesn't need to be military in nature.

"If spending on war can provide jobs and lift the economy then so can spending on roads, weatherizing homes, or educating our kids. Yes, that's right, all the forms of stimulus spending that Broder derided so much because they add to the deficit will increase GDP and generate jobs just like the war that Broder is advocating (which will also add to the deficit)," Baker writes.

But the harshest criticism comes from Matt Duss at ThinkProgress.

"Especially in light of what has just occurred in Iraq, what kind of moral degenerate seriously suggests we get ready to do it again in neighboring Iran, just as a way to spur job growth?" he asks. "The kind who writes a regular column in the Washington Post, apparently.

Read Broder's full column here.

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#2. To: F.A. Hayek Fan (#0)

A stupid concoction as a journalistic piece. Even weak as an Organized Jewry propaganda handout. After all it has been the Afghan and Iraq wars, instigated by American-Israeli duals, that have already saddled the country with unpayable debts and distracted the administration from promoting high tech, consumer-oriented industries. That China is working on 500 km/hr high speed rail indicates that it may overtake America in that field like Japan is doing with a 100% electric car:

Production of 100% electric Nissan LEAF begins in Japan

By Tannith Cattermole

October 31, 2010

We've been covering the Nissan LEAF with interest for some time and right on track to meet its previously-stated production deadlines, the 100% electric, Nissan LEAF has gone into manufacture at the Oppama facility in Japan.

Pricing and availability for The Nissan LEAF were announced in April and the first exports to United States in November and Europe in December will be in time to meet first sales set for December in Japan and the United States, and in selected European markets from early 2011.

The Oppama plant has an annual production capacity of 50,000 units but new facilities are planned for Smyrna, Tennessee in late 2012, and Sunderland, UK in early 2013. Once under-way these will have the capacity for an annual production capacity of 150,000 and 50,000 units respectively.

The Oppama plant also produces gasoline models such as Nissan Juke and Nissan Cube but part of the assembly line has been modified to mount battery modules at the stage of production where fuel tanks are traditionally installed. Motors and inverters are mounted at the point where engines are installed in gasoline-powered vehicles.

Nissan LEAF is the first 100% electric, zero--local-emission vehicle to be produced for the Renault-Nissan Alliance. To date the company says 80 partnerships have been signed with governments, municipalities and companies worldwide.

"This is a significant milestone, not only for Nissan and the Renault-Nissan Alliance, but also for the entire automotive industry," said Nissan President and CEO Carlos Ghosn at the Nissan LEAF offline ceremony. "Consumers are clear. They want sustainable and affordable mobility...and the Alliance is leading the way with cars that deliver exactly that, with the reliability, excitement and performance that consumers demand. The high-quality, innovative Nissan LEAF will radically transform what consumers expect from automobile manufacturers worldwide."

www.gizmag.com/nissan-leaf-manufacture-japan/16782/

(Price: about $30,000; range on a charge: 180 KM)

Tatarewicz  posted on  2010-11-01   1:48:39 ET  Reply   Untrace   Trace   Private Reply  


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