On Mon, Nov 3, 2008 at 2:49 PM, Dave Land <[EMAIL PROTECTED]> wrote: > On Nov 3, 2008, at 11:08 AM, Dan M wrote: > >> What is undisputed is that, as WWII started, the US rate dropped >> down to >> 9.9% in 1941, and dropped down below 2% from 43-45...as we were firmly >> in the war. I'd argue that these data tends to favor Keynesian >> analysis, since the war involved overwhelming government >> intervention in >> the economy, massive federal deficits, etc. Indeed, from a purely >> economic point of view this is wasteful government spending at its >> worth, spending billions upon billions on things that either blow >> themselves up or get blown up. Yet, it was the foundation of the US >> being the economic powerhouse that it was during the next 60 or so >> years. > > > I have long used this as an argument for more, rather than less > government
Good thing we have the war in Iraq! I'm sure you are both voting for McCain, then? _______________________________________________ http://www.mccmedia.com/mailman/listinfo/brin-l
