Regarding "'This war was a waste'" (front page, Sept. 1):
This headline should be carved in stone because all wars are a waste of middle-class money and blood. We have wars only to soak up the over-production caused by the misapplication of Keynesian economics.
Keynes advocated government intervention in the marketplace, which is wrong. He never advocated constant deficit spending to over-stimulate the economy, however.
His theory on smoothing out business cycles could only work with perfect humans in a perfect world. Because the super-rich control our country via their major equity positions in America's largest corporations, we have, in effect, an economy predicated upon waste, and wars are quite wasteful.
For the major owners of America's productive capacity, wars, especially no-win wars, are extremely profitable. A middle-class man's waste is a super-rich man's treasure, and the world has been run accordingly for thousands of years.
Consumers are tempted with easy money and effective marketing to overextend themselves with excessive consumption, but they only represent 70 percent of the economy. The 30-percent slack is picked up by corporate spending and government squandering.
Catastrophic events like the sinking of the Maine and the Lusitania, Pearl Harbor, the Gulf of Tonkin and 9/11 have served our nobility well - almost too well.
BILL MADDEN
Tampa
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