No Comment — November 1, 2010, 4:01 pm

WaPo’s Broder: Another War Would Be Good for the Economy

On Sunday we were offered more Washington Post editorial page brilliance by David Broder. In “The War Recovery?” Broder looks beyond the looming Republican takeover of Congress to ask how Obama can get reelected in 2012. He recommends that Obama join arms with the new Republican Congress and maneuver the country to its third war in the CENTCOM theater—this time against Iran.

War and peace influence the economy. Look back at FDR and the Great Depression. What finally resolved that economic crisis? World War II.

Here is where Obama is likely to prevail. With strong Republican support in Congress for challenging Iran’s ambition to become a nuclear power, he can spend much of 2011 and 2012 orchestrating a showdown with the mullahs. This will help him politically because the opposition party will be urging him on. And as tensions rise and we accelerate preparations for war, the economy will improve.

This column offers some of the strongest evidence yet of the moral depravity and sheer nuttiness that populates Fred Hiatt’s editorial page. Broder’s claim that World War II “resolved the economic crisis” rests on the fact that the economic crisis ended during the war, which is far from proof that the war ended the crisis (Matthew Yglesias gives an alternate view here). Moreover, Broder misses the relationship between the current economic crisis and war spending. Nobel Prize-winning economist and Harper’s contributor Joseph Stiglitz, for instance, who put the cost of the wars in Iraq and Afghanistan during the Bush years alone at $3 trillion, linked those costs to the severe recession that the United States experienced starting in 2008.

The case of Britain in World War II also offers lessons different from the one discerned by Broder. Britain engaged in heavy deficit spending to finance the war and then found itself enmeshed in colonial struggles after the war. The consequences were devastating for the British economy—Keynes alluded to it as a “financial Dunkirk”–and it took a generation for Britain to recover. Keynes, the great war economist of the last century, who hastened to refute appeasement politics and embraced the need for the Second World War, also offered some specific words of caution about our tendency to underassess costs and overassess benefits of war.

There may be good reasons for some future military action by the United States in the Middle East, but it is an insult to our intelligence and our values as a nation to suggest that boosting the economy is one of them. Broder’s column shows how little the Beltway punditry has learned from one of the nation’s most ill-considered foreign ventures in recent memory.

Share
Single Page

More from Scott Horton:

Conversation March 30, 2016, 3:44 pm

Burn Pits

Joseph Hickman discusses his new book, The Burn Pits, which tells the story of thousands of U.S. soldiers who, after returning from Iraq and Afghanistan, have developed rare cancers and respiratory diseases.

Context, No Comment August 28, 2015, 12:16 pm

Beltway Secrecy

In five easy lessons

From the April 2015 issue

Company Men

Torture, treachery, and the CIA

Get access to 165 years of
Harper’s for only $45.99

United States Canada

CATEGORIES

THE CURRENT ISSUE

July 2016

American Idle

= Subscribers only.
Sign in here.
Subscribe here.

My Holy Land Vacation

= Subscribers only.
Sign in here.
Subscribe here.

The City That Bleeds

= Subscribers only.
Sign in here.
Subscribe here.

El Bloqueo

= Subscribers only.
Sign in here.
Subscribe here.

Vladivostok Station

= Subscribers only.
Sign in here.
Subscribe here.

The Ideology of Isolation

= Subscribers only.
Sign in here.
Subscribe here.

view Table Content

FEATURED ON HARPERS.ORG

Post
"We all know in France that as soon as a politician starts saying that some problem will be solved at the European level, that means no one is going to do anything."
Photograph (detail) by Stefan Boness
Post
Tom Bissell on touring Israel with Christian Zionists, Joy Gordon on the Cuban embargo, Lawrence Jackson on Freddie Gray and the makings of an American uprising, a story by Paul Yoon, and more

Freddie Gray’s relatives arrived for the trial in the afternoon, after the prep-school kids had left. By their dress, they seemed to have just gotten off work in the medical and clerical fields. The family did not appear at ease in the courtroom. They winced and dropped their heads as William Porter and his fellow officer Zachary Novak testified to opening the doors of their police van last April and finding Freddie paralyzed, unresponsive, with mucus pooling at his mouth and nose. Four women and one man mournfully listened as the officers described needing to get gloves before they could touch him.

The first of six Baltimore police officers to be brought before the court for their treatment of Freddie Gray, a black twenty-five-year-old whose death in their custody was the immediate cause of the city’s uprising last spring, William Porter is young, black, and on trial. Here in this courtroom, in this city, in this nation, race and the future seem so intertwined as to be the same thing.

Artwork: Camels, Jerusalem (detail) copyright Martin Parr/Magnum Photos
[Report]
How to Make Your Own AR-15·

= Subscribers only.
Sign in here.
Subscribe here.

Even if federal gun-control advocates got everything they wanted, they couldn’t prevent America’s most popular rifle from being made, sold, and used. Understanding why this is true requires an examination of how the firearm is made.
Illustration by Jeremy Traum
Article
My Holy Land Vacation·

= Subscribers only.
Sign in here.
Subscribe here.

"I wanted to more fully understand why conservative politics had become synonymous with no-questions-asked support of Israel."
Illustration (detail) by Matthew Richardson
Article
The City That Bleeds·

= Subscribers only.
Sign in here.
Subscribe here.

"Here in this courtroom, in this city, in this nation, race and the future seem so intertwined as to be the same thing."
Photograph (detail) © Wil Sands/Fractures Collective

Average speed of Heinz ketchup, from the mouth of an upended bottle, in miles per year:

25

After studying the fall of 64,000 individual raindrops, scientists found that some small raindrops fall faster than they ought to.

The Playboy mansion in California was bought by the heir to the Twinkie fortune, and a New Mexico man set fire to his apartment to protest his neighbors’ loud lovemaking.

Subscribe to the Weekly Review newsletter. Don’t worry, we won’t sell your email address!

HARPER’S FINEST

Mississippi Drift

By

Matt was happy enough to sustain himself on the detritus of a world he saw as careening toward self-destruction, and equally happy to scam a government he despised. 'I’m glad everyone’s so wasteful,' he told me. 'It supports my lifestyle.'

Subscribe Today