The Giant Wound in the Economy
It's one thing to spend money on building stuff. Take cars, for example. Yeah, GM may go under, but at least you've still got your Chevy.
What good is it to spend money on death, destruction, and ill will? After you're done spending it, what do you have to show for it?
Small wonder peaceful nations like China, India, and Brazil are catching up with us, no matter HOW much harder we have to work than they do. They're building up; we're tearing down.