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the idea that somehow saying that it was the second world war that ended the great depression goes against Keynesian principles is one of the biggest puzzles around for me. "No, it wasnt government intervention aimed at building stuff at home that ended the great depression, it was government intervention aimed at destroying things abroad that did it." As if from an economic perspective building bombs and planes that are going to be destroyed abroad was completely different from doing, well, anything within the US borders... If anything, that perspective says that government spending and interventions should be much, much larger than it actually is right now. Maybe the US should declare a pretend war against the bottom of the ocean and spend massive amounts of money on creating a hole at the bottom of the ocean.
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