Why Our Economy Needs a World War III

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Since the financial crisis of 2007-08, our economy has experienced a promising, be it slow, recovery. Thanks to the bold and decisive action of our fiscal and monetary officials, our stock market has risen to over 2000 following one of the worst crashes in history. Eight year after the crash, and our economy continues to show green shoots; and although this is positive, many economists are worried that we have insufficient demand to drive a full recovery and bring about another economic boom. In order to kick the economy into high gear, economists agree that we are going to need a strong catalyst.

It is has long been argued by top economists that World War II was what finally ended the great depression. After a decade of indecisive and overly cautious monetary and fiscal policy following the onset of the great depression, the US economy remained stagnant and poverty stricken. People were destitute and work opportunities were hard to come by. An aura of helplessness and resentment had swept the nation. But with the advent of the war, the country finally found it had something to unify behind, and arguably this collective excitement did much to reinvigorate the American work ethic and can-do spirit. With the increase in military spending, jobs were finally coming back, and entire industries began to develop. Many such industries, such as aerospace, still employ thousands of Americans to this day. These war-related job opportunities gave Americans valuable skills that spilled over into other industries and allowed them to start their own businesses. After a decade of apathy, Americans were finally back to work, and a new age of prosperity was born.

Putting aside for a moment the ghastly connotations of war, one has to admit that the economic benefits of World War II have been profound, and have undoubtedly contributed to the prosperity that many of us enjoy today. Many economists argue that the benefits of a moral and just war far outweigh the short term costs. It is for this reason that many economists recommend a World War III as a catalyst to finally kick-start our economy and usher in a new age of growth and innovation. A World War III would likely drive investment in AI technology and cyber security, and help to revive our manufacturing industry that has largely been outsourced to Asia. At the same time, it may help resolve conflicts with our enemies and help quell the threat of nuclear proliferation.

In summary, economies don’t just grow on their own; economic growth needs to be forced. Once the economy is in motion, it gains momentum and can continue to grow with less intervention. But when growth is too slow, force must be applied in order to avoid falling back into a recession. Our economic officials have done a fantastic job of saving our economy after the crash of 2007-08, and putting us back on the road to recovery. But in order to accelerate this growth into something more meaningful, we are going to need an event of magnificent proportions. I therefore ask that you put your prejudices aside, and consider for a moment the very real benefits of a war with our enemies; for it is only by following the advice of our economic experts that we can once again begin a new age of prosperity.

trav777

I heartily agree. EXCEPT that if it is a republican in office during the war, then the war is obviously imperialist and racist and morally repugnant. And illegal. Bush lied and thousands died. Republican wars are illegal, outrageous, and disgusting! They are ALL RACISTS who just want to bomb brown people and enrich Cheney and Halliburton.

Obama is bravely fighting ISIS and America’s enemies who want to harm our way of life, but our Congress simply hasn’t given him enough of the tools to win…they would rather play racist politics because of the color of his skin than to permit him to acquire another Nobel Peace Prize.

Clearly, the Russians are enemy #1. They took in Snowden and are carpet bombing our moderate allies in Syria where we are just trying to eliminate a terrorist threat! A nuclear war may be necessary to finish this threat to tolerance, peace, and diversity once and for all. Russia recently did not fully contort its laws and policies to accommodate gays’ desire for “equality” and therefore Russia must be destroyed! Tolerance is the rule by which we live but we shall not countenance failure to give carte blanche to gays! We MUST destroy Russia violently in the name of peace!

But clearly if the GOP wins the Presidential election, we must NOT because such a thing would then be wantonly racist and illegal. On these things, all economists agree along with all rightthinking people.

MillionDollarBonus_

Yes, I agree. Russia is the main threat to peace and stability around the world right now. Are we really just going to stand by while they invade our ally Ukraine and prop up a brutal dictator in Syria? They even blew up that Malaysian passenger jet over Ukraine, and what exactly are we doing about it? NOTHING.

The problem with republicans is they like war for the sake of war, whereas democrats favor peaceful interventions with the purpose of HELPING people. I haven’t heard any complaints on TV about Obama’s foreign policy, because he uses it for good, unlike Bush who only cared about oil.

Timerthy Spencer
Timerthy Spencer

You mean like Kilary, I mean Hillary, who has impoverished millions by overthrowing governments in places like Lybia, Ukraine, Yemen, etc.? How about that hospital that Obama bombed. This is not republican and democrat, this is simply good vs. evil, and your Democrat warmongerers are pigs just like the Republican warmongerers. Shame on you.

RationalInvestor

For WWW III to be a success, the two parties will have to join together and make this great war a bipartisan project.

A few people in the Third World will be disadvantaged by another war; however, the First World direly needs another war in order to spur economic growth. War is good for business and the economy.

MillionDollarBonus_

Yes, but preferably lead by the democrats because this war should be about bringing peace to the world, not about oil and corporations, which is all republicans care about. We definitely need bipartisan leadership in congress though, and not this stalemate that is crippling our country and delaying important legislation.

MillionDollarBonus_

Libya was a peaceful intervention, not an act of war, Ukraine is Russia’s fault, and I don’t know much about Yemen. Obama doesn’t bomb hospitals, he actually HELPS the sick, unlike republicans who want to repeal obamacare and watch millions of people die in the streets.

Timerthy Spencer
Timerthy Spencer

If Obama (Nobel Peace Prize Winner) did not bomb a hospital, he wouldn’t have apologized for it. First Nobel Peace Prize winner in history to bomb and kill another Nobel Peace Prize winner.
http://www.nytimes.com/2015/10/08/world/asia/obama-apologizes-for-bombing-of-afghanistan-hospital.html?_r=0

Your refusal to call out democrats, who along with republicans, serve the same corporate masters, is troubling.

You realize that Obamacare, which was launched by your holy democrat who shows no allegiance to big companies (that is clearly just republicans), forces every person to pay for insurance to these big companies you claim republicans serve. If I do not spend money on health care that has exploded in cost since obamacare, I am fined by the government. In other words, he took an already corrupted system of government-sponsored health care, and forced every person to join it, creating fewer health care companies and offering more expensive service to line the pockets of the big corporate giants you claim to oppose.

You are dangerous.

Timerthy Spencer
Timerthy Spencer

Btw, to illustrate further your ignorance, Russia and Ukraine had a treaty that authorized Russian troops of up to 10,000 to enter Ukraine at any time. That is an agreement, not an invasion. Also, it is our own Hillary Clinton’s assistant, Ms. Victoria Nuland, with the leaked phone call discussing overthrowing the Ukrainian Prime Minister with our own puppet Yatsenyuk, who interestingly just left office. You and everyone on this site who doesn’t see that the majority of dems and repubs are all the same are the reason why this country will have another civil war, and soon.

trav777

yes but then there is also Iran. A massive threat to the stability of the world, and an aggressive, bloodthirsty nation. I exclusively watch mainstream news sources and Hollywood movies and they are known for having the highest amounts of diversity in their ownership and executives. The major newspapers of the USA also, NYT, WaPo, and LAT are in the same diverse hands. It is good that we can depend on diverse and tolerant people to provide us with the news and information about Iran’s existential threat to Israel. This is ONE exception to what I said up above- even a republican can be morally virtuous in war if it is defending our ONE ally in the region, the ONE democracy, Israel, from threats to its existence. Israel is surrounded by enemies who want to kill 7.0 more million jews and these threats must be dealt with.

Iran is just such a threat. Their leaders have repeatedly threatened to wipe Israel off the map!!! No matter who invades the enemies of Israel, it is GOOD for the USA. Iran has a nuclear program and is a major terrorist sponsor all over the world, destabilizing countries and sending citizens to commit terrorist acts that threaten to stifle progress, diversity, tolerance, and peace. Islam MEANS peace but not the Islam of Iran, who is exporting a cancerous version of the religion, threatening gays, women, and minorities with oppression. The Iranian leader also made comments critical of homosexuality…for that the entire nation should be annihilated. How can we allow intolerance, hate, and bigotry like this to exist? It is the current year and we live in an interconnected world.

alan2102

Your attempted snark-humor is labored and boring. Fail.
You could learn to do it right, i.e. with some finesse. Much higher quality and lesser quantity. It IS possible to be funny that way.

Toofarleftisright
Toofarleftisright

Mr. Obamas foreign policy has been a sweet success as his penchant for droning suspected terrorists has made the world a much safer place ! World war 111 has begun in earnest years ago .. Clearly a war between Christians and Muslims as history repeats continuously.. The Middle Ages and holy wars were the last time with Hannibal crossing the alps to reign terror upon the Christian devils.

Timerthy Spencer
Timerthy Spencer

What is wrong with you and this author?

MillionDollarBonus_

What’s wrong with me is that I guess I care too much. I care too much about our country to just stand by while we fall into another recession. I want our children to experience the kind of economic growth that boomers had, and we’ll never get there unless we listen to our economists! This is my purpose in life – to wake people up before it’s too late!

Maverick
Maverick

You only care to be very selfish. Who should die in a World War? You will never be able to answer this objectively because it will reveal your extreme state of selfishness.

Deep in your mind, you want others to die so you may benefit from their death.

victorshaw401k
victorshaw401k
Agreed, Trav. In the spirit of National Security, we could utilize much of the Wilsonian (another responsible Nobel Peace Prize winner) measures during WW1, which could serve as the permanent transfer of considerable output from the private to public sector. This has been proven, so many times by our greatest economists, to be the way to full employment at prosperous wage levels that I don’t even question it anymore. We could bring back a modern Creel commission that would reason with the American Public on the necessities of Total War for the bad guys that dare call themselves our enemies. We had a “War on Terror”, a “War on Poverty” and a “War on Drugs” that served as a turning point in our history in the most favorable way possible. A “War on Bad Guys” might be too simple, but it is a start. I say this because more and more responsibilities/powers were transferred from the hacks in the Legislative Branch to the man (I am aware that this constitutes a sexist statement) appointed by the people of the USA, THE PRESIDENT! We must break free from the Jeffersonian bondage that hinders our PROGRESS and let our Nobel Prize Winning President initiate this Crusade of Truth, Justice and Peace as only he can do. It would also be an opportunity to spread US Democracy and Freedom to a world that is sorely needing it while simultaneously driving domestic economic growth. Furthermore, we could bring back the War Bonds as anything that is issued by the United States Government is the safest investment one could ever make.The Federal Reserve could initiate a “Federal War Easing” program of sorts. Part of this would involve the peaceful takeover of various US corporations for the War Effort. The Federal Reserve (another masterpiece that Wilson had a hand in) would then invest in these government controlled corporations which would send the share prices skyrocketing to the same heights that our newly created F-22s’ would fly at. Profit for everyone here and death to our heathen adversaries. War, especially on this scale, inevitably brings conspiracy theorists, libertarians and conservatives out from their natural habitat whining and crying about civil liberties and constitutions. This habitat usually consists of the following: Mom’s basement, a shack that is worth less than the gold they are holding for “investment” purposes and rural areas that have more guns than literate people. A second Sedition Act would finally control and recondition these wayward brethren of ours by helping them reconsider their outdated and discredited modes of thinking. The Act could put these people to work for our new Public Corporations (and forcibly trade that worthless gold of theirs for the new and accredited Govt Freedom bonds), deport them or leave them in newly created detention facilities indefinitely (this would depend how quickly they want to conform to this Progressive vision of ours). In short, we need everyone paying their fair share, conforming to acceptable opinion crafted by the loving overseers of the… Read more »
MillionDollarBonus_

Sage words, Victor. In addition, I would suggest that we create an accelerated path to citizenship for all young prisoners of war, in order to solve our looming demographic problem. If we’re going to take prisoners, we might as well put them to use, since we are in dire need of young people to cover the cost of retiring boomers.

I agree with everything you said here, particularly with regards to a Sedition Act, which would outlaw dangerous forms of hate-speech that are truly crippling our country and snatching millions of potential progressives into the clutches of libertarianism and other fringe cults.

And after the war is over, and we’ve sorted out our economy, our demographic issue and our problems with excessive free (hate) speech and exploitative private industry, we can look to form a partnership with our former enemies by instituting some form of global governance. We live in a globalized world, and out of the chaos of war will come the realization that countries need to come together in harmony under a common purpose of freedom and equality. War is the solution to our short term problems, but in the longer term we are going to need a New World Order to secure freedom for good.

Maverick
Maverick

“…but in the longer term we are going to need a New World Order to secure freedom for good.”

Ah, how about that. An imp has just revealed himself.

I am sure most of us already know about the plan for a NWO and how it has been prophecies that it will fail and those who promote it will go to hell, real or imaginary.

Jack
Jack

Funny how you greedy capitalist want to be rich -judging by YOUR handle 401 K – at the expense of others. Pay your fair share ? How about we all share on your 401 K ? That would be fair. How about YOU stand on the front line holding a rifle. Oh wait, guns kill people yes, lets send a bunch of rifles on the front line without anyone to use them, that will win us the war for sure. Yes, lets get all of the people who disagree with us into reeducation camps so we can benefit from the fruits of their labor. Yes, let’s have our illustrious leaders tell us what is good for us because obviously we cannot think for ourselves. Yes, let;s continue to empower the FED reserve because they are not rich enough and still have a few friends that need help to get richer. Stalin was right, you are useful.

bobby shitz
bobby shitz

this is horse shit.

MillionDollarBonus_

Typical knee-jerk conservative response. Many of our readers here are women, by the way, so we’d appreciate it if you didn’t use disgusting foul language.

victorshaw401k
victorshaw401k

Which is the greater deception: lying or refusing to believe what is true?

The truth is right in front of you, Bobby. The Nobel Prize winning, world class Orator who has saved our economy, given everyone a fair shot (though not nearly fair enough- white males are still too prevalent), brought justice to Osama Bin Laden and reshaped and changed our way of life in much the same way the Libyan infrastructure was changed by his courage and determination. I still remember his first inauguration like it was yesterday.. I was weeping as our modern day Cicero, enraptured as he was in the throes of Progressive Apotheosis, gave his speech about Hope and Change, two things that had disappeared from our society. We had to move on from the hate of President Bush and to the loving embrace of our Sage-like leader. That implacable foe of Bourgeoisie cheaters and know-it-all white males has forever transformed not only this country, but the hearts of this country. So, Bobby, far from being horse-sh**, he has turned this country from a pack-mule to a modern Seabiscuit. He just needs one grand finale and the only one worthy of Him is the World War outlined above.

MillionDollarBonus_

Yes, I believe President Obama will go down in history as the single most effective progressive president in American history. His inauguration was a historical and magical moment that I will never forget. In that moment, you could feel the whole country coming together under a singe purpose; a purpose of achieving equality, fairness and freedom for all. No president in history has made such incredible progress on such a wide range of issues: making healthcare affordable, restricting access to dangerous firearms, rebuilding our infrastructure, and giving a voice to the victims of police brutality. The list of achievements go on and on. I just hope that Hillary has what it takes to continue his legacy. She has big shoes to fill, but I believe she shares our vision for a better America, and will do whatever it takes to continue this march toward making America a truly progressive liberal democracy.

Maverick
Maverick

Who should die for World War 3? The author of the article and his family members? Well, okay.

The true force of prosperity has nothing to do with the economy. It has to do with technological advancements. And technological advancements are the ultimate force of deflation. Deflation is represented by technology. Inflation is represented by economy. Both cannot work harmoniously together. If they do, then technology is not serving your welfare enough. Without the central banks and their control of the economy, we probably would be 500 years far more advanced than today. Many advanced technologies are being held in secret not for public interest.

MillionDollarBonus_

World War III will drive technological innovations like never before. We could become the leaders in robotic warfare and cyber warfare. These industries can easily transition into peacetime and provide the bedrock for future economic growth.

Maverick
Maverick

Do you notice that most of the significant technological innovations we have were done outside of warring periods?

Can you give me evidence of technological innovations done during world wars compare to those done out of world wars? And compare between the two which one is more prevalent?

It is a pity that the human intellect has evolved to such a state that it favors technologies related to warfare far more than related to any other things.

In the end, who should die for World War 3? Just assuming World War 3 will certainly drive technological breakthroughs guaranteed, will you then be willing to die in a war for it? Or will you ask others to die for it for your interest?

Timerthy Spencer
Timerthy Spencer

I believe you, your family, and everyone you care about should be on the front lines in this war and should be the first to die in it – would you support that? The second I see you as the first enlisted, I will applaud you for not being a hypocrite.

Jack
Jack

Right on. You sir deserve the million dollar bonus and I’m not talking about the douche with the handle above. Is that clear enough for the women in this audience ?

RationalInvestor

WWW III will also help the various cultures of the World to integrate better together. A few low-class cultures can be easily eliminated during WWW III, and other cultures can be swallowed up by the advanced cultures for a more thorough cultural integration.

MillionDollarBonus_

Yes, that’s true. After World War II we got the European Union – proving that war ultimately leads to better cohesion between countries. After the next war, we might be able to set up something even bigger, maybe on a global level!

Maverick
Maverick

That would be great news. But then we would need a Global War in order to set up something much bigger like maybe a World Government (NWO), which then would need a Super World War, to set something even bigger, like maybe Super World Government, which then would need an even bigger World War, like Hyper World War, until we reach a state of total control where the ruling elite will say “Oh, we have finally reached a point where no war is necessary to continue moving forward.” in which case all of us the non-ruling elites would be hoodwinked and fooled by the ruling elites from the very start of the process.

captbill1998

Is this a joke site?

N N
N N

The economy does not need a World War III.

It’s much easier to ramp all our current interventions up to the necessary levels. This will be the fastest way to boost spending in the economy.

peter brown

I think it would be better if hillary gets in power, shed get a nobel prize for peace for sure (like oboma ) she could bomb the sh!! of of russia, china etc and she wouldn’t have to worry about the likes of cindy sheenan or neil young bothering her like sir donald would.

peter brown

I forgot bruce springsteen and the dixychicks. If you ever want to hear from them again hillary needs to be presedent

Maverick
Maverick

There is one type of sub-human species that thirst for world wars – the Jesuits and the bankers that manage their finances (ref. Rothschilds).

It is already long well known that these people thirst for world wars for more control.

To say that we need wars to progress forward is like meeting a person who says a wound must be beaten and cut up further more for it to heal. This is a very extreme and distorted mentality.

clinicallyalive

MDB… I stumbled into your site to see your reasonings behind advocacy for more war. I’m disheartened that you actually believe this in any way, shape or form would yield a positive outcome for the billions of human beings inhabiting this planet.

If you’d like me to outline what specifically causes me to be disheartened, and explain why… I think I’d literally have to stop at nearly every single line of the above blog post you’ve written.

– a fellow human being

Maverick
Maverick

They say, in the spiritual world, if a mind is oriented towards destruction/distortion then the self-mind entity will progress towards such world of destruction/distortion, never mind if such entity wish the same for others. Similarly, if a mind is oriented towards peace/harmony then the self-mind entity will progress towards such world of peace/harmony, never mind if such entity wish the same for others.

To those favoring wars for progress, there will be no progress for them.

Maverick
Maverick

Anyone can give 1001 benefits (real or artificial) of a WW3.

But nobody will be able to give 1 answer to “Who should die in a WW3?”

Repent, ye sinners and devil-worshippers, for you have been greatly deceived.

Private Property
Private Property

I am up for ww3 in which communists/socialists/centralists/parasitic beaurocrats/propagandists like this author , most of the comments & readers of this website are drafted into the army while we private property owners sit & profit from your deaths.

Most of this sites users are women & minority imbeciles who get cash & entitlements not for any work done but just for being a pro government imbecile? That explains why all comments are so pro war , as women are exempt from draft & would rather profit from other men’s deaths.

geroldgerold

Given the incredible stupidity of the author and most of the commenters, World War Three can’t come fast enough.

Stampton
Stampton

To me, our deeply tragic sItuation is the product of our bad economic choices. As a responsible and accountable country, we have to endure it and bravely pay the price of our mistakes. There is no way we promote a 3rd world war in order to get out of it. It would certainly not be on par with our true Greatness.

America has never known any war against real foreigners on its ground. Maybe that’s why we talk too easily of its possibility? We still do not fully unerstand what it really means to be at war.
I don’t know what (pseudo) top economists who didn’t see the numerous implications of the financiarisation of our economy and who didn’t see the subprime crisis did say on the matter (!), but I know for sure what a “simple mind” called Einstein said: “I know not with what weapons World War III will be fought, but World War IV will be fought with sticks and stones”.
Our country would be utterly destroyed. There might be no american nor human being alive after nuclear winter. In fact, we do not have a single chance of winning it (because of the civil war it would give birth to).

If you’re looking after the destruction of the USA and of our great democraty, starting a 3rd world war is by far the best way to achieve just that.

Best regards.

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