In his now-famous war column today, David Broder writes:
Look back at FDR and the Great Depression. What finally resolved that economic crisis? World War II.
Here is where Obama is likely to prevail. With strong Republican support in Congress for challenging Iran’s ambition to become a nuclear power, he can spend much of 2011 and 2012 orchestrating a showdown with the mullahs. This will help him politically because the opposition party will be urging him on. And as tensions rise and we accelerate preparations for war, the economy will improve.
Brazen, yes, but the widespread shock at this stuff strikes me as implausible. People on the left and right have been saying this for years. Historians have long taught this false version of history. Every time there is a natural disaster or war, a hoard of pundits celebrate how great this is for the economy. In fact, the above version of events is how the Cold War started in 1947-48. It is how the U.S. got involved in WW2. It is how Clinton’s wars began and Bush’s too. What is shocking about this except that Broder actually wrote it in a column?