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Dean Baker

Dean Baker

Posted: October 31, 2010 09:59 AM

This is not a joke (at least not on my part). David Broder, the longtime columnist and reporter at a formerly respectable newspaper, quite explicitly suggested that fighting a war with Iran could be an effective way to boost the economy. Ignoring the idea that anyone should undertake war as an economic policy, Broder's economics is also a visit to loon tune land.

Broder tells readers:

"Can Obama harness the forces that might spur new growth? This is the key question for the next two years.

What are those forces? Essentially, there are two. One is the power of the business cycle, the tidal force that throughout history has dictated when the economy expands and when it contracts.

Economists struggle to analyze this, but they almost inevitably conclude that it cannot be rushed and almost resists political command. As the saying goes, the market will go where it is going to go.

In this regard, Obama has no advantage over any other pol. Even in analyzing the tidal force correctly, he cannot control it.

What else might affect the economy? The answer is obvious, but its implications are frightening. War and peace influence the economy."

Sorry Mr. Broder, outside of Fox on 15th the world does not work this way. War affects the economy the same way that other government spending affects the economy. It does not have some mystical impact as Broder seems to think.

If spending on war can provide jobs and lift the economy then so can spending on roads, weatherizing homes, or educating our kids. Yes, that's right, all the forms of stimulus spending that Broder derided so much because they add to the deficit will increase GDP and generate jobs just like the war that Broder is advocating (which will also add to the deficit).

So, we have two routes to prosperity. We can either build up our physical infrastructure and improve the skills and education of our workers or we can go kill Iranians. Broder has made it clear where he stands.

 
 
 
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HUFFPOST SUPER USER
Reno Fickler
Head Lifeguard/Dead Sea Marina
10:24 PM on 11/01/2010
Sure, we need a war, but Iran?? I was thinking against someone a little closer to home. That way we lessen our chances of offending someone. Say..............Montana. Nah....make it Alaska. That is almost a foreign country, I mean north of Canada...who knows whats up there? Or we could attack Pearl Harbor, again. Obama could claim his birth records were destroyed. Kind of a 'two-birds-with-one-stone' deal.
Broder should also see if he can get the draft reinstated, too. You gotta keep those poor people in their place, somehow. Killing them is pretty effective.
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mannapat
Truthiness shines a light.
09:52 PM on 11/01/2010
I thought Broder was the almost sane one...the one who's invited as a respected pundit on many talking head shows. Someone please invite him to stay home. No one needs to listen to anything he has to say.

The younger Iranians, students, would love to see the end of the current leadership in Iran. They want a moderate government, not an ultra-religious regime. Does anyone remember the Iranian riots between the Ayatollahs and the students? Think for a minute, Broder, you idi Ot. The minute we go into Iran bombing their cities with "shock and awesome stupidity", all of those rebellious younger generations will focus their rebellious attitudes right on the U.S. (where it belongs, if we do such a stupid thing).

And I don't care if it puts gold in American pockets. It just isn't right.
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forestnfama
Woodstock Veteran
06:31 PM on 11/01/2010
By his reasoning our economy should be booming......two wars are not enough????
03:13 PM on 11/01/2010
Perhaps Broder would like to enlist on be on the front lines, thereby doing his part for the economy. Nah, he won't. He's big, tough keyboard warrior who likes others to fight and die in the wars he's cheerleaded for.
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MamaJoe
Age is a high price to pay for maturity.
03:08 PM on 11/01/2010
I sometimes wonder if I am living in two worlds simultaneously. I am reading here of the hardships the American people are going through, as well as two wars that is draining the ever straing purse. Then an article like this appears and says that a third war will solve all of the economic woes of the country. Isn't this a non sequitur, if two wars cost "I think it was said 3 trillion dollars, it follows that a third would probably bankrupt the country" Hmmm....good economic strategy there Mr Broder.
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02:24 PM on 11/01/2010
"I am not suggesting, of course, that the president incite a war to get reelected."
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BarbaraTodish
Getting younger!
02:12 PM on 11/01/2010
It's a shame David Broder has Dean Bakers' initials! Instead of"... (T)he power of the business cycle as the tidal force that throughout history has dictated when the economy expands, and when it contracts", it's EDUCATION, MEDIA, ENTERTAINMENT, all over the world, that most directly influences the masses by providing distractions, disinformation, ie EMPHASIZING LIMITED AGENDAS: illusions like the american dream, $, sex, fame, especially the NEGATIVE PORNIFICATION OF FORCE. Most educators, media, entertainment ignore or demonize those who experience the POSITIVE POWER OF EMOTIONAL VULNERABILITY (ie the beauty, strength of the resilience, survival over trauma that, mostly, the poor undergo). Those who've undergone the trauma of being bullied by capitalist economic systems, those who've been subjected to criminalization, medicalization of poverty, those who've been bullied by society,culture itself, those who've even bullied THEMSELVES due to intuitively, instinctively FEELING the injustice of the world, (internalizing that injustice upon themselves out of guilt and seeming helplessness @ how to help self, others), CAN REGAIN their HUMAN validity! Tomorrow, voting day in the US, we need to BEGIN TAKING BACK GOVERNMENT by write-in vote! VOTE 4 YOURSELF! Show politicians they're mere IMAGES! We CAN do a better job than they're doing! Consider signing my petition to replace all FLAWED "LAW" with HUMAN LAW!
http://www.change.org/petitions/view/we_need_human_law_to_replace_flawed_law?te=npe
http://www.youtube.com/barbaratodish
http://www.the7thfire.com/Todish/Life_Coaching_and_its_Implications_for_Communication.html
http://www.flyinginplace.com
02:05 PM on 11/01/2010
There are two obvious problems with this approach. The first is that given our experiences in Iraq and Afghanistan the conflicts cannot be decided by conventional means. These are low intensity small unit and ambush engagements that do not deplete either side to the point of surrender. Second the costs in terms of dollars though high require little in terms of employment to maintain. So what you get is an expensive quagmire producing few jobs to maintain it.

What is needed is a massive requirement for inexpensive arms that are labor intensive to produce and an unsophisticated non nuclear opponent. The obvious answer is a conventional attack on Brazil. Its land mass and population are similar to ours; it would require an enormous effort and supplying the military's needs would produce thousands of jobs and even more troops.

So there you have it Today Brazil Tomorrow full emploment!
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HUFFPOST PUNDIT
RRK70
01:35 PM on 11/01/2010
ummm, we've had TWO wars going for almost a decade now and how many jobs have been generated in that period? The idea that war has a stimulating effect on the economy may have been true 70 years ago, but the MIC is so very capital intensive that is really does not stimulate the economy anymore than tax cuts to the rich.
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JimR
01:27 PM on 11/01/2010
Funny how you leave out two things:

One, that World War 2 most definitely boosted the U.S. economy. And two, the opening sentence to the final paragraph in Broder's column: "I am not suggesting, of course, that the president incite a war to get reelected."
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01:50 PM on 11/01/2010
Palin had already suggested that the President needs to start another war to get reelected
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Ergon
Man From Atlan
08:37 PM on 11/01/2010
WW 2 boosted the economy because we had a 15 million man army and widespread industrialization.
And, the draft. Now, the only people who got rich was Bush/Cheney and a few neo-cons and shareholders.
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rextrek
50yr old, Moderate-liberal in S.NJ/Phila
01:16 PM on 11/01/2010
...and considering we live in a FREE society...and this article is free to veiw - Im sure Iranians will love reading it (((SNARK)))
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rextrek
50yr old, Moderate-liberal in S.NJ/Phila
01:12 PM on 11/01/2010
so the Military Industrial complex could rake in BILLIONs at the expense of 1000's upon 1000's american lives? WTF is wrong with people?
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Chubbster
Partisanship is a mental illness
01:03 PM on 11/01/2010
Juan Williams was fired for far less disgusting words.
01:11 PM on 11/01/2010
Maybe Broder is angling for a Fox contract after he heard that Williams received $2 million. He probably figures his outrageous idea must be worth at least twice that.
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Carl Caroli
I just don't understand people
12:58 PM on 11/01/2010
For warped mins bent on profits, t's just a simple stretch of the imagination to go from selling CDO's chock full of gotcha mortgages and then stealing peoples homes and pensions to using war as a high yield investment strategy. Profits are profits.
12:55 PM on 11/01/2010
Proof that Broder has finally and totally lost his marbles. "Moral leper" would now seem to sum him up well.
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Ergon
Man From Atlan
08:39 PM on 11/01/2010
WaPo editor might be next up for him, sad to say. Used to be a good paper, I wouldn't wrap my fish and chips in it now.