how to pay for the war论文

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1、Howtopayforthewar论文.freelisprotracted,theproblemulatedomesticspending,buthoicshasadjustedtothedestructionoftheinister.TheattackofSeptember11cameatatimeisticforecastsofesinsuccession.Thedestructionoftheeafterseveralyearsofdeficit-financedrearmamentberlainhadforcedonareluctantTreasury.By1939-40,u

2、nemploymenticterms,thepresentismoreparableto1938,ainlyimportedfromtheUS.Itremainstruethataprolongedandexpensiveandbuttoinflationaryoverstretch.Theproblemoficsis,not,.freelulatedomesticspendingbuthoostnoprolongedconflictinhistoryhasbeenfinancedbytaxesalone,pttofinanceinthatamentdriveof1950-51ost

3、flamboyantmemberoftheAttleegovernment,Theartofsposinganexcessiveburdenonthepost-eofLordKeynessoent.Keynessideap.AvestigeofthisideaemergedfromtheTreasuryintheformofpost-anyyearstotaxpayerseforthemessageoftherealKeynes-asdistinctfromtheKeynesians-topercolate.LyndonJohnsonfirsttriedtofinancetheVie

4、tnamostofthegoodoarypolicy.TheGulfighthaveoffsetthepre-Clinton.IntheUKtodaythequestionofuddledupeanttocoveraiccycleandpermitsomedeficitsduringarecession.Theexceptionallyrapidinspendinginthe2000-3spendingcycleeanttobeatemporarybulgetooffsetseveralearlieryearsofloefurtherincreaseinthetaxburdenisn

5、ecessarytofinancetheschools,hospitalsandtransportimprovementsforanyvoicesclamour.Yetifthestruggletopreservefreedomisasdraentmightbothhavetoreininsomeofitssocialambitionsandalsofindthemostcosteffectivemeansofborroilitaryhardethenormalfunctionofinterestratesinadjustingsavingsandinvestment,isinabe

6、yance.Thisindeedishandlingofpost-aturedeathofKeynesandtherepeateddoentsecuritiestothepointypredecessors,Haroldguilt-edged.Itremainsanopenquestione.Thelastdecadeofloightmakeloefororeisover.Thegameisforhigherstakes.