NP? no war profits in this economy, no sir!

[Doug Millison]

March 23, 2002

Sharp Rise in Federal Spending May Have Helped Ease Recession

By LOUIS UCHITELLE

[...] "You can reasonably argue that the recession, which seems to have
ended, came to an end because of aggressive government spending," said Mark
M. Zandi, chief economist at Economy.com, a forecasting and data gathering
firm.

Some of the stepped-up outlays, of course, went to the military and to pay
for domestic actions to fight terrorism in response to the Sept. 11
attacks. [...]


continues at http://www.nytimes.com/2002/03/23/business/23FISC.html