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Is usa economy dependent on war for recession bailouts?

  1. accofranco profile image83
    accofrancoposted 9 years ago

    Recently,experts,economists and analysts argue that usa economy is dependent on war away from us mainland for flourishing their econoy and for bailout during economy recession like that of the great depression in 1929 and before ww1.So they now wonder where us will wage the next war to bailout their economy now that is experiencing quakes.Whats your view?Is it true or false?

  2. Toronto12 profile image54
    Toronto12posted 9 years ago

    Waging war allows the government to increase spending, which stimulates the economy.  The defense and related companies benefit, and so do the banks.

    1. accofranco profile image83
      accofrancoposted 9 years agoin reply to this

        Thank u for your honest contribution.Read my hub on this topic.Bye

  3. bgamall profile image83
    bgamallposted 9 years ago

    Because the US is in so much debt, war, at least a big war, may destroy the value of the dollar. It will be risky to use war to get us out of recession, although there is no industry coming on board and Obama is only bailing out failed banks instead of the consumer who does the spending.