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Reply #7: war = Broken window fallacy [View All]

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Atypical Liberal Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-08-10 01:04 PM
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7. war = Broken window fallacy
Firstly, the whole idea that wars stimulate economies strikes me as the old "broken window" fallacy, where supposedly breaking the baker's window stimulates the economy since he has to buy a new window, which employs the glass maker and window installer, which employs the tool maker, etc etc.

Secondly, why is it that we can spend money on wars that kill countless thousands all to supposedly bring "freedom and democracy" to the citizens of other nations, but we can't have a stimulus package that pumps money directly into our own economy without killing people and goes directly to benefit the citizens of our own nation???
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  - Watching MSNBC here.  TheEuclideanOne   Nov-07-10 08:26 PM   #1 
  - but...but..surely it's all Obama's fault ????  Swagman   Nov-08-10 04:13 AM   #2 
  - I think David Broder may be a closet punk rocker.  Bucky   Nov-08-10 04:48 AM   #3 
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  - All their ideas revolve around screwing the poor and middle class  txlibdem   Nov-08-10 09:39 AM   #5 
  - war = Broken window fallacy  Atypical Liberal   Nov-08-10 01:04 PM   #7 
  - The Sad Thing Is...  Mark D.   Nov-08-10 02:03 PM   #8 
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