Will it take another major war to pull us out of Recession?

Question

Will it take another major war to pull us out of Recession?

Answer 1

possibly,the war in iraq is not doing anything because not enough equipment is needed to cause the companies that are making them to hire more people which is what mostly stimulates the economy

Answer 2

No not really, but it is going to take a lot of self control on Americans to tighten up their belts and live within their means, and let go of personal greed,wants and desires.

Answer 3

What a ridiculous and ignorant proposition!  So you are suggesting that killing people and destroying infrastructure such as schools, hospitals, roads, bridges, electric plants etc thus making the life of countless of people miserable.  Will bring you and the U.S. prosperity an allow you to drown on your unsustainable spending habits and wastefulness such as dring your big SUV to the corner store for a bottle of water.

Come on people! are you really so ignorant?   Ok now that I got that one out, your question describes a big fallacy in economics.   It is refer by many as the broken window fallacy.  

For you to understand the fallacy I either encourage you to read Henry Hazlitt's Economics in one Lesson book or read the article linked which is a good summary of the fallacy.

I hope some of you get enlighten by it.