How is it that I've heard very little commentary on the effects of the war on the economy? Both the general economy (GNP growth rate) and jobs have to have had a big boost as a result of the war. Certainly, job growth due to the military isn't broken out.
I would be quite curious to know how our national economy would look if the "war benefits" were dropped out of the figures. My gut level feeling is that it would look terrible still.
I feel like I'm seeing a slow recovery in the high-tech job market but there are still so many of us unemployed (and having dropped off the rolls) that it is going to be another year or two before unemployment in this sector drops back to reasonable levels.
Posted by artandscience at July 9, 2004 08:51 AM