[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help] 

Status: Not Logged In; Sign In

Fooling Us Badly With Psyops

The Nobel Prize That Proved Einstein Wrong

Put Castor Oil Here Before Bed – The Results After 7 Days Are Shocking

Sounds Like They're Trying to Get Ghislaine Maxwell out of Prison

Mississippi declared a public health emergency over its infant mortality rate (guess why)

Andy Ngo: ANTIFA is a terrorist organization & Trump will need a lot of help to stop them

America Is Reaching A Boiling Point

The Pandemic Of Fake Psychiatric Diagnoses

This Is How People Actually Use ChatGPT, According To New Research

Texas Man Arrested for Threatening NYC's Mamdani

Man puts down ABC's The View on air

Strong 7.8 quake hits Russia's Kamchatka

My Answer To a Liberal Professor. We both See Collapse But..

Cash Jordan: “Set Them Free”... Mob STORMS ICE HQ, Gets CRUSHED By ‘Deportation Battalion’’

Call The Exterminator: Signs Demanding Violence Against Republicans Posted In DC

Crazy Conspiracy Theorist Asks Questions About Vaccines

New owner of CBS coordinated with former Israeli military chief to counter the country's critics,

BEST VIDEO - Questions Concerning Charlie Kirk,

Douglas Macgregor - IT'S BEGUN - The People Are Rising Up!

Marine Sniper: They're Lying About Charlie Kirk's Death and They Know It!

Mike Johnson Holds 'Private Meeting' With Jewish Leaders, Pledges to Screen Out Anti-Israel GOP Candidates

Jimmy Kimmel’s career over after ‘disgusting’ lies about Charlie Kirk shooter [Plus America's Homosexual-In-Chief checks-In, Clot-Shots, Iryna Zarutska and More!]

1200 Electric School Busses pulled from service due to fires.

Is the Deep State Covering Up Charlie Kirk’s Murder? The FBI’s Bizarre Inconsistencies Exposed

Local Governments Can Be Ignorant Pissers!!

Cash Jordan: Gangs PLUNDER LA Mall... as California’s “NO JAILS” Strategy IMPLODES

Margin Debt Tops Historic $1 Trillion, Your House Will Be Taken Blindly Warns Dohmen

Tucker Carlson LIVE: America After Charlie Kirk

Charlie Kirk allegedly recently refused $150 million from Israel to take more pro Israel stances

"NATO just declared War on Russia!"Co; Douglas Macgregor


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: 196
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.

Post Comment   Private Reply   Ignore Thread  


TopPage UpFull ThreadPage DownBottom/Latest

Begin Trace Mode for Comment # 6.

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

WashPost: War with Iran would rescue economy

No it won't. the WP overlooks one important fact. When Germany and later the U.S. climbed out of the depression in WWII, the factories were already still in place, just shutdown during the depression. And these factories were reopened and retooled.

That is not the case now. The local factories in the U.S. have been torn down.

There is no domestic infrastructure for a war economy in the U.S. And the government issuing war bonds would just hyper-inflate the U.S. dollar even more.

Because of the anti-americanism tearing down this nation to it's foundations, if the U.S. gets into a conventional war with nation that can match us blow for blow, the U.S. will be forced to use it's nukes to win, or at least survive.

Think about that. By you anti-war/anti-americans tearing down the U.S., you may have doomed the world to a nuclear world war within a decade, because the U.S. will have nothing else, but it's nukes, to fall back on to defend itself.

That, or the D.C. government may just nuke our own nation to maintain control of the population, or what is left of the population. (I based the beginning the book I wrote and got published on that premise.)

PaulCJ  posted on  2010-11-01   5:20:58 ET  Reply   Untrace   Trace   Private Reply  


#4. To: PaulCJ (#3)

because the U.S. will have nothing else, but it's nukes, to fall back on to defend itself.

Or because our .mil have been wasted on wars of choice. Who made that choice? It wasn't us.

**you anti-war/anti-americans**

We're not responsible for this mess. We are anti-war for a reason. That reason is: none of these current wars were necessary.

.

PSUSA  posted on  2010-11-01   5:44:15 ET  Reply   Untrace   Trace   Private Reply  


#5. To: PSUSA (#4)

Or because our .mil have been wasted on wars of choice.

The rest of the world has been at war with the U.S. as some level for half a century. Usually at the economic level.

There was never a choice.

As such, you completely ignore my point.

PaulCJ  posted on  2010-11-01   6:26:35 ET  Reply   Untrace   Trace   Private Reply  


#6. To: PaulCJ (#5)

As such, you completely ignore my point.

No I didn't. I agreed with you up to that point in your post.

I just don't accept the blame.

I don't equate economic competition with warfare. But it does lead to warfare when the "elites" toes get stepped on too hard.

In case you haven't noticed, none of us here can be considered to be one of the "elites". We're the bullet catchers and cannon fodder.

.

PSUSA  posted on  2010-11-01   6:54:19 ET  Reply   Untrace   Trace   Private Reply  


Replies to Comment # 6.

#7. To: PSUSA (#6)

I don't equate economic competition with warfare.

It is all warfare. Have you even heard of the trade wars?

Foreign nations have bribed traitors in DC to ship jobs to their nations without firing a shot. Driving a population to homelessness and starvation is an act of war.

PaulCJ  posted on  2010-11-01 07:07:59 ET  Reply   Untrace   Trace   Private Reply  


End Trace Mode for Comment # 6.

TopPage UpFull ThreadPage DownBottom/Latest


[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help]