Attacking Syria Or Iran Would HURT the American Economy

Monday, September 16, 2013
By Paul Martin

WashingtonsBlog.com
September 16, 2013

Top Economists Say War Is Bad for the Economy

Preface: Many Americans – including influential economists and talking heads – assume that war is good for the economy. Many congressmen assume that cutting pork-barrel military spending would hurt their constituents’ jobs. Some specifically argue that peace with Syria would be bad for our economy.

As demonstrated below, this is hogwash.

A former Managing Director at Goldman Sachs (Nomi Prins) says that a strike on Syria or another middle east country could cause a meltdown in the derivatives market and the economy.

Nobel-prize winning economist Joseph Stiglitz says that war is bad for the economy:

The Rest…HERE

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