bush_cheney2004 Posted October 14, 2007 Report Posted October 14, 2007 You had it right at the start, it makes individuals rich. With the nation debt of the US being the highest it has ever been, I fail to see how this makes everyone in the US richer. But feel free to point out where I am wrong. US debt is very high, but not highest as a percentage of GDP. Indeed, the Americans nearly went broke helping to fight the war for Throne and Empire without a setting sun. Nevertheless, the US is the wealthiest nation in the world, even when public and private debt is accounted for. Households alone had $55,600,000,000,000 total net worth in 2006. It would appear that "wars" have been a good investment. Canada made a bundle during the Vietnam War as well. Quote Economics trumps Virtue.
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