How to pay for the war

How to pay for the war  If the battle against terrorism is protracted, the problem will soon be not

Howtopayforthewar Ifthebattleagainstterrorismisprotracted,the problemwillsoonbenothowtostimulatedomestic spending,buthowtorestrainit Ifindslightlyshockinghowlittletheworldofeconomics hasadjustedtothedestructionoftheWorldTradeCenter. Toomuchdiscussionhasbeenintermsofmarginal adjustmentsandtoolittleabouthowtoadapttoaworldat war. IheardebatingpointsaboutwhytherightwingPresident GeorgeWBushshouldbegivingtheUSeconomyabigger stimulusthancentreleftgovernmentsinEurope.Perhaps nobodyhastoldthepresidentthatheisbetrayingthe monetarisminwhichheissupposedtobelieve.Isometimes havetheimpressionthatfewmainstreameconomistshave evermetarealliveRepublicanorConservative. Ontheeconomicrightthereisstillatendencytoassume thatthiswillbeaminimalwaroverbyChristmasandthat wecansoongetbacktothegameofstickingpinpricksinto

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