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War, & how it(it's) Affected(ing) our Economy.
Title: War, & how it(it's) Affected(ing) our Economy.
Category: Social Sciences / Current Issues
Details: Words: 1771 | Pages: 7.5 (approximately 235 words/page)
War, & how it(it's) Affected(ing) our Economy.
Is war "Hell"!?!? Although most would answer yes, war is "Hell", there are some who believe that war has positive impacts, especially when it comes to the economy. One of the most enduring myths is that wars can be economic saviors (Moffatt, 2003). So, maybe the better question would be, "Is war good for the economy?" Whether or not it is remains to be a very controversial topic, but to even consider the question you must …showed first 75 words of 1771 total…
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…showed last 75 words of 1771 total…According to Richard Salsman, an economic forecaster based in Cambridge, Massachusetts the kind of war that is good for the economy is:
"one that is executed swiftly, forcefully, and comprehensively." The worst, economically, is a timid, drawn-out conflict, "one that leaves terrorist governments intact, exposing the U.S. to even more damaging and frequent attacks in the future."
So, maybe "fighting" a war is not good for the economy--but "winning" a war is. (Tracinski, 2001)
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