War benefits to US economy only ‘modest at best’

THE US is deploying more than 1,000 warplanes, hundreds of tanks and thousands of bombs to fight the war in Iraq.

Mon, 07 Apr, 2003 - 01:00

The Navy is ordering more Tomahawk cruise missiles. Military equipment is the only category of durable goods orders that is rising.

The benefit to the economy? Modest at best, economists say.

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CourtsPlace: USPlace: IraqPlace: St LouisPlace: HaitiPlace: SomaliaPlace: KosovoPlace: AfghanistanPerson: President Ronald ReaganPerson: presidentPerson: George W BushEvent: IraqEvent: Iraq warEvent: World War IIEvent: Korean WarEvent: Vietnam WarEvent: Vietnam warsEvent: 1991 Persian Gulf WarOrganisation: USOrganisation: NavyOrganisation: US HouseOrganisation: SenateOrganisation: IraqOrganisation: White HouseOrganisation: Commerce Department
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