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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Tenchusatsu who wrote (448039)	1/16/2009 12:44:32 PM
From: combjelly	Read Replies (1) \| Respond to of 1574355

"You're spinning again." No spin. en.wikipedia.org Granted, it was still high in 1941, but it had dropped a lot to under 10 percent at the time we entered the war.

To: Tenchusatsu who wrote (448039)	1/16/2009 1:25:08 PM
From: bentway	2 Recommendations Read Replies (2) \| Respond to of 1574355

Most economists agree that the massive war spending lifted us from the depression, and that FDR didn't spend enough quick enough, and then just before the war tried to lower our debt. They also agree that it was the spending, not that it was spent on war, that did the trick. There isn't any economic magic attached to WAR spending. That's why EVERY economist now is urging Obama to throw borrowed and printed money at the looming Bush Depression. I haven't heard even one of them urge him to go to war.