There are a lot of people saying that war will give our economy a boost and get everything running again. I find it sad that lives have to risked and sacrifice so that we have jobs. Any thoughts?
War and the economy
by Sadie5 4 Replies latest jw friends
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Debz
War will give our economy a boost
Unfortunatlty thats true....a war does encourage economic benefits and also other `spin off` benefits like the re-rise of patriotic values etc..which in turn again does does boost the ecomony....Look at the prior World War`s ....women took over most male jobs and although times were tough there was a spirit of comardarie.....It is a reality....I certainly think there`s a better way to gain a full and competent workforce but would doubt its the ONLY reason to persue a war!!
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Perry
There are also a lot of people saying that the 200 billion dollar price tag will hurt our economy.
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jelly
Written extremely quickly very late at night so be warned.
This war is not the kind of war that is going to help our economy. When we fight Iraq there will be a flurry of ordinance used that will have to be replaced through production. However because the war with Iraq is probably going to be short (1 to 3 weeks) this is going to lead to very little job growth. The industry with the biggest boom will be the missile companies but they are not going to hire new employees for a short term production job, they will just pay overtime. A small group of Americans will benefit here but we are talking of only a few thousand. The next industry that will benefit is the artillery manufactures. Pretty much the same scenario, a flurry of production to get stock piles to where there were before the war than that is it. As far as all other forms of military hardware, planes, ships, tanks, etc. Most probably these industries will not be affected at all since American will probably loose very few.
To compare this war to WWII as far as creating an economic boom is like comparing apples and oranges. If anything the war on terror is a type of war that will hurt the American economy; a lot of money spent on hiring guards and very little money spent on making things.Terry
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xjw_b12
Jelly. Don't forget the Flag making companies.
There will be a lot of U.S. and British flags burned while the war is waged, and a lot of Iraqi flags waved, but the flag.... that drapes that coffin...is the saddest flag of all !