Quote:
Originally posted by Jesus Pimp
How do you know these munitions and vehicles are made in the America but Americans? The way things are, they could be made in Mexico or Indonesia for all we know. These are different times my friend.
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Well, most of them *are* made in the US. But even if they were not, that still leaves transport across the US, storage in the US, US soldiers needing US supplies, etc. etc. Military spending is probably one of the fastest ways to invest in the economy, economically speaking. You can either do that, or go for long-term infrastructure investment.
By the way, might I suggest that the economy is not as good right now because of a myriad of reasons, most rather independent of Reagan, Bush Sr, Clinton *and* Bush Jr?
For example, Reagan's investment in the military is at least partly responsible for the end of the Soviet Union. Paradoxically, this has led to a more dangerous world, especially with Muslim extremism on the rise. A dangerous world leads to uncertainty about the future, and is never good for investment. The Tech bubble bursting only made those doubts bigger, as did 9-11, and corporate fraud, and the war in Iraq, and many, many other things... Most of these consequences were never predicted, nor expected. But I guess it's easier to blame someone, be it your political opponents, an anonymous enemy, or some big (Jewish/Whitey/Fundy) conspiracy.
The economy is too complex for anyone to have any direct impact - anything Bush does can either help, or make it worse. Everything has multiple consequences, most quite unpredictable. The only thing Bush can do, is *try* and steer the economy in a direction he and his advisors think it should go. Nobody knows if it'll work, and nobody knows when we will see results either... his advisors can only do their calculations, and hope their historic data can be used to predict the future well enough.
(FYI, my credentials: I have a university degree in mathematical economics)