Dean Baker: David Broder Calls for War With Iran to Boost the Economy

Dean Baker: David Broder Calls for War With Iran to Boost the Economy HPFB.init();
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Dean BakerCo-Director of the Center for Economic and Policy Research

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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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Post to Facebook.Post to Blogger.Post to Twitter.Post to WordPress.Post to TypePad.Post to Tumblr.Post to Yahoo! View All Favorites Recency  |  Popularity justan olnamvet   5 minutes ago (11:45 AM) 23 Fans Mr. Broder s/b outfitted in military gear and sent to Iran in exchange for the two hikers still held there. justan_olnamvet: Mr. Broder s/b outfitted in military gear and sent to http://www.huffingtonpost.com/social/justan_olnamvet/david-broder-calls-for-wa_b_776587_65670504.html Permalink  | Share it Quinterius   8 minutes ago (11:42 AM) 30 Fans David Broder used to be a reasonable and somewhat liberal political commentator. He has now descended to the lowest form of neo-con media pundit. His statement, "Iran is the greatest threat to the world in the young century," is totally without merit. Iran is not a threat to anybody, including Isra*el. He also claims that we should stop "Iran's ambition to become a nuclear power." What he neglects to say is that Iran's ambition is not to build nuclear bombs. It is to master the technology of nuclear science with applications in energy production, nuclear medicine and related peaceful areas. Quinterius: David Broder used to be a reasonable and somewhat liberal http://www.huffingtonpost.com/social/Quinterius/david-broder-calls-for-wa_b_776587_65670171.html Permalink  | Share it Au4   21 minutes ago (11:29 AM) 5 Fans what Broder reveals unmistakeably is 1) how out of control "the economy" is, 2)how in thrall to the god of "the economy" we are; and 3) what lengths we will go to to appease the angry god of "the economy"

scary stuff Au4: what Broder reveals unmistakeably is 1) how out of control http://www.huffingtonpost.com/social/Au4/david-broder-calls-for-wa_b_776587_65668913.html Permalink  | Share it Tom Hickey   22 minutes ago (11:28 AM) 19 Fans David Broder is clearly oblivious of Minsky's work on the financial cycle v. the business cycle. The reason the economic is stuck where it is results from the ending of the long financial cycle that culminates in Ponzi finance. The toxic debt needs to be cleared out before a recovery can take hold in earnest and that has not happened yet, since the financial sector is determined not to write down any of the debt to speak of.

Not only is Mr. Broder ill-informed, but also his suggestion that starting a war to improve the economy is so over the top as to require his immediate retirement, giving him the benefit of the doubt that it is only the result of senility rather than socio-pathology. Tom_Hickey: David Broder is clearly oblivious of Minsky's work on the http://www.huffingtonpost.com/social/Tom_Hickey/david-broder-calls-for-wa_b_776587_65668821.html Permalink  | Share it James Leo   26 minutes ago (11:24 AM) 146 Fans Good Mr Brooder can volunteer his sons and daughters for the cause.
If you think Iraq went well, remember Iran is 3X the size and has a much larger/trained and equipped military. ;OH, the biggest buyer of Iran's oil is China and since they are funding the Chamber of Commerce I don't think their well funded candidates (GOP) are going to go for it. James_Leo: Good Mr Brooder can volunteer his sons and daughters for http://www.huffingtonpost.com/social/James_Leo/david-broder-calls-for-wa_b_776587_65668416.html Permalink  | Share it HUFFPOST SUPER USER Dameocrat   28 minutes ago (11:22 AM) 81 Fans Follow centrism is neoconservatism, and neoliberalism not moderation! Dameocrat: centrism is neoconservatism, and neoliberalism not moderation! http://www.huffingtonpost.com/social/Dameocrat/david-broder-calls-for-wa_b_776587_65668253.html Permalink  | Share it Poboy   34 minutes ago (11:16 AM) 86 Fans "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."

Interesting how the market will go where the market will go was not advocated and practiced when the big banks were going down.

Then the government had a command role. Poboy: "Economists struggle to analyze this, but they almost inevitably conclude http://www.huffingtonpost.com/social/Poboy/david-broder-calls-for-wa_b_776587_65667663.html Permalink  | Share it ratinacage   38 minutes ago (11:12 AM) 15 Fans Can't fight three wars without more soldiers. Reinstating the draft is just what this country needs to get the young people off of their video games and into the streets. ratinacage: Can't fight three wars without more soldiers. Reinstating the draft http://www.huffingtonpost.com/social/ratinacage/david-broder-calls-for-wa_b_776587_65667264.html Permalink  | Share it bathroomonkey7   26 minutes ago (11:24 AM) 61 Fans Follow Makes sense. Get them off their couches and let them be pawns in a military run video game. bathroomonkey7: Makes sense. Get them off their couches and let them http://www.huffingtonpost.com/social/bathroomonkey7/david-broder-calls-for-wa_b_776587_65668464.html Permalink  | Share it MajorKong   46 minutes ago (11:04 AM) 920 Fans "When people speak to you about a preventative war, you tell them to go and fight it."
- Dwight D. Eisenhower MajorKong: "When people speak to you about a preventative war, you http://www.huffingtonpost.com/social/MajorKong/david-broder-calls-for-wa_b_776587_65666569.html Permalink  | Share it Dan Sacks   53 minutes ago (10:57 AM) 0 Fans Reading the article, I don't see where he ever advocates actually going to war. It appears the author took some liberties with his summary. Dan_Sacks: Reading the article, I don't see where he ever advocates http://www.huffingtonpost.com/social/Dan_Sacks/david-broder-calls-for-wa_b_776587_65665964.html Permalink  | Share it Poboy   36 minutes ago (11:14 AM) 86 Fans nonsense.

The implications are clear.

Broder is advocating war with Iran as a way to stimulate the economy, appease Republicans and for Obama to be a great President, which is just crazy. Poboy: nonsense. The implications are clear. Broder is advocating war with http://www.huffingtonpost.com/social/Poboy/david-broder-calls-for-wa_b_776587_65667465.html Permalink  | Share it Buckeye54   1 hour ago (10:42 AM) 123 Fans Ah, these chickenhawks advocating for war—you can't keep them down, can we? And now we're advocating for war for economic reasons?

David Broder has slipped the bounds of sanity and slipped into the Twilight Zone. Buckeye54: Ah, these chickenhawks advocating for warâ??you can't keep them down, http://www.huffingtonpost.com/social/Buckeye54/david-broder-calls-for-wa_b_776587_65664676.html Permalink  | Share it Bellimbusto   1 hour ago (10:41 AM) 49 Fans The war with Iran is inevitable. Neither diplomacy nor sanctions will stop the mullahs in their drive to go nuclear. At the same time, President Obama has said many times, 'We are determined to prevent Iran from acquiring nuclear weapons.' The military option is the only avenue left. Bellimbusto: The war with Iran is inevitable. Neither diplomacy nor sanctions http://www.huffingtonpost.com/social/Bellimbusto/david-broder-calls-for-wa_b_776587_65664624.html Permalink  | Share it HUFFPOST SUPER USER ennis438   1 hour ago (10:25 AM) 27 Fans If Dave wants to go to war , then let him go. However, we need to get our troops home NOW. As evidenced by what happened last week, a decade of American troops dying for nothing but lies has not stopped terrorists from acting , and the longer we are occuping their countries, the more these people will react and respond. I don't blame them. If they were occuping my country, I would do the exact same thing. As for Dave, let him go to war as long as he enjoys it. ennis438: If Dave wants to go to war , then let http://www.huffingtonpost.com/social/ennis438/david-broder-calls-for-wa_b_776587_65663292.html Permalink  | Share it fpie   2 hours ago (10:11 AM) 29 Fans War does have one advantage over peace based spending: Republicans will always vote for war. War is like cocaine for GOPers. They can't get enough, as long as they or their near and dear don't have to fight. fpie: War does have one advantage over peace based spending: Republicans http://www.huffingtonpost.com/social/fpie/david-broder-calls-for-wa_b_776587_65662259.html Permalink  | Share it     New comments on this entry — Click to refreshLoading comments… Loading twitter module... Most Popular on HuffPostDQ49pkfzbuOXSy3SN6%2BYgC9YJBZl1WePqVJ7OT9DsFl5EQTVOKer6N8txeenCsDr9BTNsU8jHrUcupcuG1ETLg%3D%3D1D%2B6%2FtJhQv%2FyAgpfmL1Yno7g47vO2zqKC4QU4ADtiiRf25qol%2B1zJz94rJon2nEY9OvitwtA0PVu4HJbWl512g%3D%3D1 of 2 Charlie Sheen Found Nude In Restaurant, Screaming N-Word:...
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