Wednesday, December 06, 2006

Keep in mind that a troop call-up such as the one last summer stimulates the economy and the stock market. This call-up was followed by an appropriation of $70 billion new funds to support the war before the election turned Congress over to dovish Democrats. (Congressional Record #6996 dated Sept. 25, 2006)http://www.rules.house.gov/109_2nd/text/
hr6166/1092nd_cr_hr5631.pdf. I'm not expressing a political opinion on the war; I'm ambivalent about it. But war tends to stimulate the economy and the market.

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