Originally Posted by Rochard

Wrong. A large portion of the manufacturing base might have left, but the US still makes its own planes, boats, tanks, trucks, and weapons. And just like last time, the US would quickly ramp up.

We are going broke now because of the housing market, not because of what's happening in the middle east.

If we woke up the morning the President announced we are on a total war footing, more than half of the population would suddenly be working for the defense department in once capacity or another. Unemployment would be nonexistent, everyone would be making money, and you wouldn't be able to buy a house because there wasn't enough people building them.