Quote:
Originally Posted by Undertoad
You paid for a bomb that destroyed another country's bridge. Or you built a new bridge in your own country. Can't do both.
Both seemed to be growth, because they led to spending and economic activity today. But only one was a stronger investment in the future, and would lead to continued economic growth down the road.
Which one, is left as an exercise for the reader.
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Actually, you can, and we did. Once.
World war two created more factories and shipyards than any other event, and the vast majority of those facilities converted to peacetime production just fine.