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Iceburn
Posted by SleepingHare on 4/9/2003, 7:05 am, in reply to "Re: War is not good for the economy"
24.57.57.232
Basically how I would have answered except on how war is financed. Governments usually don't cut spending or increase taxes during wars, they increase debt and leave the economic pain for the future. Hence, there appears to be a short-term benefit in many instances and the myth that war is good for the economy becomes plausible.
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