And limited lawmakers' ability to address downturn: Study
(NEWSER) - In the short term, wars might help the US economy—but the brief uplift is just a bubble, according to a report. In the long run, wars are a serious drag on the country's finances, the Institute for Economics and Peace finds after studying all major American wars since World War II. Whether essential or not, the wars raise debt and inflation and cut consumption and investment, the report notes, according to the Huffington Post . More»