Justifying Deficits

The [Iraq and Afghan] war has been a large part of the justification for the Bush administration to run ever-widening budget deficits… The result, according to economists, is a variant on Keynesianism that has particular appeal for Republicans. Instead of growing the government in general — pumping resources into public works, health care and education, say, which would have an immediate knock-on effect on sorely need job creation — the policy focuses on those areas that represent obvious conservative and business-friendly constituencies. Which is to say, the military and, even more specifically, the military contractors that tend to be big contributors to the Republican Party funds.

~ Andrew Gumbel 2004-01-06 How the War Machine is Driving the US Economy: Military Keynesianism Might Get Bush Re-elected, But is Starting to Worry Economists