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Radiohead: Lotus Flower

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Love-Child of Cassandra and Sisyphus3/01/2011 1:30:18 am PST

re: #675 prononymous

The economy literally depends on it.

To build on one of my earlier points (way up stream), the cost of the military expenditures during the GWB presidency built a huge debt. However, they were also exactly like any other government spending in this regard - it was a jobs program.

Most of that money was spent in the US (and the military members.) Like any other kind of government spending, that created a flow of money in this economy.

Yes, GWB is a Keynesian.