[lbo-talk] jobs

[R]

for clarity's sake, my idea of a war economy includes more than bullets,
weapons, etc.   maybe i should have used the term garrison state economy, or
the type of economy the US has been living under throughout the cold war,
and appears to be going back under due to the shrub group.  i thought i
might have covered this idea when i said ripple effect.

as everybody knows, the US didn't recover fully from the depressing until WW
II put millions into the economy.  the cold war kept those millions,
followed by billions, there.   numbers of people benefited from the military
economy, from those directly employed by it in military and civilian
capacity, to contractors, to those providing haircuts and snacks in military
towns, to auto manufacturers, home builders, ad infinitum.   the USA doesn't
seem to be able to survive as currently constituted under a "peace" economy.

R

----- Original Message ----- 
From: "martin" <mschiller at pobox.com>
To: <lbo-talk at lbo-talk.org>
Sent: Tuesday, June 08, 2004 9:10 AM
Subject: Re: [lbo-talk] jobs

The evidence is experiential - the cost of 1/2" CDX at Home Depot, the
apparent increase in the shipping of basic components of
reconstruction. None of this would be considered 'evidence' in the
sense that you would find useful, although it forms a conceptual
picture of economic activity for me and when it coincides with your
statistical 'evidence' I'll feel more confident wrt it's accuracy.

I used 'reconstruction economy' to contrast to R.'s use of 'war
economy' (the production of bullets, weapons, etc. that would disappear
following the end of a state of war.)

Martin

On Jun 8, 2004, at 7:56 AM, Doug Henwood wrote:


> Huh? Could you offer some evidence for this? I've got some coming in
> the next LBO, but I'm not giving it away for free.
>
> The war has raised the price of oil, which is a drag on economic
> activity. Is that what you mean by a war economy?

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