2,500 years ago, one of the greatest military strategists ever – Sun Tzu – said:
- “What is essential in war is victory, not prolonged operations.”
- “No nation has ever benefited from a prolonged war.”
- “Now, when an army of one hundred thousand is raised and dispatched on a distant campaign, the expenses borne by the people together with disbursements of the treasury will amount to a thousand pieces of gold daily. In addition, there will be continuous commotion both at home and abroad, people will be exhausted by the corvee of transport, and the farm work of seven hundred thousand households will be disrupted.”
America’s political leaders haven’t learned a 2,500-year-old lesson.
For proof that war is bad for the economy, see this.