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| | TAP: Vol 12, Iss. 18. A War Economy.... James K. Galbraith. (Site not responding. Last check: 2007-10-06) |
 | | In a war economy, the public obligation is to do what is necessary: to support the military effort, to protect and defend the home territory, to stabilize the economy itself, and, especially, to maintain the physical well-being, solidarity, and morale of the people. |
 | | In a $10-trillion economy, the $40 billion already appropriated for the military and for relief is minor. |
 | | Before World War II, the United States was the world's creditor nation; it enjoyed energy self-sufficiency and did not run a large trade deficit. |
| www.prospect.org /print/V12/18/galbraith-j.html (1406 words) |
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