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

Status: Not Logged In; Sign In

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

If You're Trying To Lose Weight But Gaining Belly Fat, Watch Insulin


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

Title: David Broder Wants a Disastrous War with Iran to Boost the U.S. Economy
Source: [None]
URL Source: [None]
Published: Nov 1, 2010
Author: http://blogs.alternet.org/speakeasy/2010
Post Date: 2010-11-01 10:55:05 by tom007
Keywords: None
Views: 95
Comments: 5

David Broder Wants a Disastrous War with Iran to Boost the U.S. Economy Posted by Joshua Holland on @ 10:42 am Article printed from speakeasy: blogs.alternet.org/speakeasy URL to article: blogs.alternet.org/speake...to-boost-the-u-s-economy/

Even by the perverse standards set by the opinion-shapers in the editorial pages of the Washington Post, David Broder’s offering today stands out as a unique blend of moral depravity and intellectual laziness.

Broder:

I know that Democrats have fallen into a peck of trouble and may lose control of Congress. But even if they do, Obama can still storm back to win a second term in 2012. He is that much better than the competition.

[...]

But if Obama cannot spur that growth by 2012, he is unlikely to be reelected. The lingering effects of the recession that accompanied him to the White House will probably doom him.

Can Obama harness the forces that might spur new growth? This is the key question for the next two years.

Broder then offers us a choice of two avenues by which the economy can grow. The first is just sitting back and waiting for the “business cycle” to turn.

In this regard, Obama has no advantage over any other pol. Even in analyzing the tidal force [of the market] correctly, he cannot control it.

What else might affect the economy? The answer is obvious, but its implications are frightening. War and peace influence the economy.

So, what’s David Broder’s prescription for saving America?

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.

No, of course not. Perish the thought. You’re suggesting that the U.S. push for a deadly conflict guaranteed to destabilize the Middle East further and put U.S. troops in Iraq and Afghanistan in grave danger in order to stimulate the economy, with the extra beneficial effect of getting Obama re-elected. What a grand plan!

What’s striking is that the Dean of the Beltway Press Corps’ suggestion isn’t just obscene in its implcations, it’s also economically illiterate.

Dean Baker teed up on that point this morning:

Sorry Mr. Broder, outside of Fox on 15th the world does not work this way. War affects the economy the same way that other government spending affects the economy. It does not have some mystical impact as Broder seems to think.

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).

The nice thing about the non-military Keynesian approach is that unlike attacking Iran, it wouldn’t send fuel prices into an economy-killing upward spiral.

But I think it’s possible Broder knows all of this. His argument may simply be a tacit admission that Broder’s beloved political system is broken, that Washington is incapable of addressing the economic pain millions of Americans are suffering by enacting thoughtful domestic policies.

It seems obvious that with millions out of work, consumer demand flat and a 19-century infrastructure we should be putting people to work fixing things. But our political class can’t agree that the sky is up and the earth is down, so the only viable option Broder can see for getting more stimulus spending is to blow up some brown people. Joshua Holland is an editor and senior writer with AlterNet. He is the author of The 15 Biggest Lies About the Economy (and Everything else the Right Doesn't Want You to Know About Taxes, Jobs and Corporate America). Follow him on Twitter: twitter.com/joshua_holland1.

Post Comment   Private Reply   Ignore Thread  


TopPage UpFull ThreadPage DownBottom/Latest

Begin Trace Mode for Comment # 1.

#1. To: tom007 (#0)

ghostdogtxn  posted on  2010-11-01   11:03:26 ET  Reply   Untrace   Trace   Private Reply  


Replies to Comment # 1.

#5. To: ghostdogtxn (#1)

Of course, the people who run our government would rather see all of us broke and living in homeless shelters before they would allow this to happen, so it won't happen.

Quite evidently.

Militerism is our national religion.

tom007  posted on  2010-11-02 08:23:41 ET  Reply   Untrace   Trace   Private Reply  


End Trace Mode for Comment # 1.

TopPage UpFull ThreadPage DownBottom/Latest


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