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Why We Need War for a Great Recovery

The Huffington Post - 18 Oct 2014 04:02
Why We Need War for a Great Recovery Nobelist Paul Krugman has said it could take another world war, or similar mobilization effort to put everyone back to work and economic growth to return to historical levels from the Great Recession -- even an Alien Invasion would do it, he once quipped. In fact, the Great Recession was the equivalent of the Great Depression, which took more than 10 years of massive infrastructure building, retooling of whole industries, and a World War to recover. But aren't the wars are we are now fighting --...
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