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kellychaos kellychaos is offline
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Join Date: Feb 2003
Location: Where I Started But In A Different Place
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Old Dec 29th, 2003, 06:35 PM       
Where all the "war improves the economy" people? I've heard some people claim that is what got our nation out of the economic slump during FDR's term. Possibly that's true during a war on the grand scale as WWII when it puts your production over 100% ... yes, it's possible. It hasn't seemed to be the case in any of our wars since. Our nation enjoyed one of it's biggest economic booms shortly after WWII but I hardly consider the war as that much of a contributing factor. It's just a case where industrialization and modernization of certain technologies saw a rapid improvement (possibly due to develoment of military technology, granted) and a population explosion but who's to say that, minus the New Deal, we would have been in the same place? A simular boom followed the first Gulf War but I don't see anyone faulting nor praising the economic policies of President Bush. The public seemed more apt to praise Clinton for that.
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