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The costs of war almost always increase the budget deficit and spur a downturn in the economy. Short, well-run wars such as World War II and the first Gulf War, provide a springboard for economic growth after completion because budgeted capital, earmarked and just joining the war effort, is suddenly thrust back into the normal business sector. The unexpected upswing in capital to the business sector provides incentives and methods for salaries to be increased, increasing tax revenues as well as business revenues.... Pro/Con. jvStimwr.rtf
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a springboard for economic growth after completion because budgeted capital, earmarked and just joining the war effort, is suddenly thrust back into the normal business sector. The unexpected upswing in
capital to the business sector provides incentives and methods for salaries to be increased, increasing tax revenues as well as business revenues. Taxes pay off the deficit and war-attendant inflation
is stopped by hastily increased lending rates that were lowered to balance spending during inflationary times of war. In contrast, long-winded wars like Vietnam can cause the opposite to occur
because the economy has been in a downturn for so many years that there is no instant influx of income to the business sector in the form of salaries. In
this case, there is only one economic solution - a very short and precise war to revive the economy. This is evidence in history.
The economy was experiencing its first big growth spurt following the Korean Conflict. It had taken from 1945 and the end of World War II and the end of the
Korean Conflict for the economy to fully recover, however, there was a short recovery just before the Korean Conflict as well. In other words, the economy could recover within a
period of three or four years after each of these short wars, despite the fact that millions of women were unemployed after World War II. This indicates to economists that
short wars, even if they require almost every resource at hand, do not substantially drain the U.S. economy so that recovery is long and drawn out. Short wars revive the
economy with not only an immediate influx of capital to businesses, but also with the intangible factor of trust and confidence in the economy by the general public needed for
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