Do you suppose that the profits made from war is greater than the Nat'l War Debt?

Question

Consider the business contracts for clothing, vehicles, weapons, food, eyeglasses, medicine, fuels, bandages, tobacco, pencils, computers, socks, soda pop, candy, dental parts, protheics, rubber gloves, cots, tents, armour, binocculars, wrenches, hammers, etc.

So SquiddV do you think that we should go into the trucking business as it relates to the war business? It's got to be big CA$H Bongo Bucks!!!

If there is debt then that means there is a supply of something being demanded. Therefore the profits of those who are supplying must match the debts of those who are demanding that supply!

Now here is an opportunity for the Common Citizen, We the People to finally get ahead of the game, and you refuse based on trifle things like Life, limb, ethics, morals, and ca$h is on the table for the taking.

Answer 1

I beleive the profits are greater than we can ever imagine. That's why there are wars!! But, who's making the profits? Could that be your next question?

Answer 2

This is an interesting question. The key may be in who is funding the debt: the nationals or extra-nationals and what is the nationality of the suppliers. Now, assume the suppliers are primarily domestic, then their costs are mostly national, and supported by the economy. The government often applies price controls, since it is the only source of demand, so the profits may be limited. The supplier has costs, so he doesn't make a profit on the total sale. He usually has to pay income taxes.

So the government funds the war purchases through either 1) taxes or 2) debts: internal/external. Now if the debts are funded externally, then it is likely that the economy is not generating enough profits to self-finance, which suggests that the profits are LESS than the debt.

Think your way through the mathematics. This is why so many Nobel winners for economics have strong math backgrounds or theses. Most European nations were bankrupted by the 2nd WW and there were very few rich people to emerge, so who made the profits? Capital was essentially destroyed, not created as the previous answerer suggests.

Wars impoverish, not enrich. The winners are much much fewer than the losers.

Answer 3

One of the problems with war production is that it is dead end, if you are on the business end of it, literally. Seriously though, to simplify, a bomb is produced and generates $20K in economic production, dropped then explodes. End of story.

Normal production works differently. A truck is produced, it is used to deliver flour to a restaurant, the baker makes bread and a waitress serves it to a customer. A a 20K truck produces many times the 20K worth of economic production.

War production is less efficient than peace production. One of the reasons we had such prosperity in the early 90's was that our war production dropped in favor of spending on peaceful producing. Remember, the collapse of the Soviet Union made it unnecessary to spend as much on the military. Desert Storm I was just a side show. That's why they call it a peace dividend.

Your question about war profit and debt is not that critical and the two aren't related. Private business makes the profit, the people of the country owe the debt. Of course, the people of a country own the private business that got the profit, but I have to pay for it, whether or not I own any of the company.

Answer 4

you hit the nail on the head.

the current war is just about money. don't believe any of the rubbish about the 'war on terrorism' coz they had their chance in Desert Storm 1, so why not finish it then? Because of the profits to be made from DS 2, and 3 and so on.

the ironic thing is the christian right voted GWB into power and profess all the good of god, yet he goes to war. the explanation is the same thing, money.

Answer 5

IS VERY SIMPLE,WEAPONS ARE MADE TO DESTROY?