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Shvoong Home>Social Sciences>Political Science>The Iraq War and the U.S. Economy Summary

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The Iraq War and the U.S. Economy

Book Summary by: AcaDemon    


This paper explains that the war with Iraq is not doing anything good for the U.S. economy because the economy was already
in trouble before the war. The author points out that the same sort of common wisdom, which credits World War II with ending the Depression, held that the war with Iraq would make the U.S. economy "robustly rebound". The paper explains that it is hard to see how unemployment or the GDP are likely to improve, considering so much of the treasury has already been siphoned off to support tanks and troops in a Middle Eastern desert.
Published: November 12, 2006
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