While I agree spending in the ME is stupid. Just turning around and spending it here makes little sense as well. Spend = The problem
so for example a massive government contract to make billions of dollars worth of tanks in Tennessee does not stimulate the economy because those tanks are sent to iraq to kill brown people?
Pay attention, I said money spent in the middle east! All of the tanks were already built and the bombs too. The wasted war expenses are every dime spent on the Iraqi Army, Iraqi government, Iraqi contractors, Iraqi infrastructure rebuilding the very building and bridges that we blew up.
Then explain this professor… Before Clinton took office the debt was 6.5 Trill When he left it was 10 Trill
It ain't rocket science. Look, Clinton's debt was half a Trillion dollars lower than it would have been except Clinton did not post deficits and ADD to the debt, plus he posted surpluses and PAID DOWN the debt. You have to start paying the debt somewhere and Clinton paid off Billions. Dubya dropped the ball and did not pay down one thin dime.
Of course it does. Every wealthy country in the world stimulated their economies with spending during the recession, including the US, which is why it ended two years ago.
