How has our war budget affected our economy?

Question

Is our current economic downturn related at all to our pricey war budget? If so, how?

Answer 1

If anything helped.  That money was used to buy supplies, ammo, Hummers, bullet proof vests, payroll for soldiers, etc. So if anything it helped turn the wheels.  (Not that I wouldn't much rather just pay less taxes)

Answer 2

Every dollar that is invested either by private enterprise or government is invested in the hope of a profit of a few cents. When you bankroll a war economy, every dollar is dropped into a bottomless well. The only tangibles you see are jobs in  military-industrial complexes, more recruitment into armed forces and some more beefing up of bureaucracy. But the tax payer sees his dollar dwidling and vanishing and gets to hear threats to the way of life and all that ideological c**p to assuage his stomach's rumblings for bread and butter. There is another story to this scenario, that in the long run the country will secure oil supplies on a continuing basis, control over its price etc.

As a wag said 'No one's life, liberty and property are safe when the parliament is in session'.