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Few events boost an economy as effectively as war. Just ask FDR. FDR reaped
the credit for having ended the Great Depression. Actually World War
II ended the Great Depression. It also caused construction of the
manufacturing machine that boosted the US into global
economic and military super-power status it has held for decades. |
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Few people understand that when an economy goes to
war it produces guns, ships, airplanes, assorted war materiel and
economic and employment growth. In wartime, people work on jobs designing, developing,
and manufacturing war materiel. Those employees work and get paid
salaries. They then spend their salaries on housing, consumer goods,
and luxuries. |
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Few economic policies boost an economy as effectively
as tax cuts. Tax cuts pushed by JFK, Reagan and George W. Bush have
in each case worked effectively to spur the economy. Today's tax
cuts coupled with war are propelling the US economy into substantial
growth. Today's US economic growth is being built upon an
already substantial economy. US economic growth will likely not fail
and be lost. However, the rapid economic growth observed in China,
India, and other growing-very-rapidly economies may easily stumble
into inflation, recession, and social instability. |
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US economic
growth continues due to tax cuts and war even with record high oil
and energy prices. These high prices will cause inventions and
discoveries that will eventually eliminate Western civilization's
need for any oil. |
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Growth Is Real: |
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U.S. economy grew at a revised 5.6% annual
rate in the first quarter of 2006. The
US Commerce Department reports that this was
the fastest growth in 2-1/2 years. |
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This economic growth explains why revenue
to the US government is at an all-time record high. |
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Demonstrated again: When
taxes are cut, the US government earns (takes) more money. |
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Some people may not care for
certain politicians in Congress or the White House, but the tax and
war policies of the US are expanding the economy, providing jobs,
and keeping the US relatively safe amidst today's WWII -- World War
III. |
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