It Ain't the Economy, Stupid

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  • Posted By: fjcrocker @ 02/06/2008 4:08:58 PM

    It is quite clear to me that a major component of the current economic problem is the excessive military spending on the Iraq war. Hundreds of billions of dollars going to support the war could have been used to finance new technologies similar to what was done in the space program during the 1960's. What do we have to show for our expenditures (holes in the ground and a mess in the mideast) as opposed to possibly new entergy sources like fusion power learn from history England was bankrupted by war were next



  • Posted By: fjcrocker @ 02/06/2008 4:06:58 PM

    It is quite clear to me that a major component of the current economic problem is the excessive military spending on the Iraq war. Hundreds of billions of dollars going to support the war could have been used to finance new technologies similar to what was done in the space program during the 1960's. What do we have to show for our expenditures (holes in the ground and a mess in the mideast) as opposed to possibly new entergy sources like fusion power learn from history England was bankrupted by war were next



  • Posted By: benvictor @ 02/06/2008 4:05:16 PM

    First off, it is the economy, stupid. When the campaign hits Ohio and Pennsylvania, that is the issue. Hillary will respond since she was present when Bill addressed the economy issue with the slogan, "It's the economy, stupid." Now, my prediction. Republicans have the time now to unite for November. Democrats are terribly fractured. If Hillary wins, blacks will sit home in November. If BO wins, white voters will support Michael Bloomberg should he decide to run as an independent. If not, white voters will support John McCain, Vietnam hero, who is a moderate with views white voters will support. I am a democrat and this is how I approach the November election. Thus far, I have spoken of blacks and whites. I believe Asian Americans will support Bloomberg or McCain. Latinos, I fear, will feel disenfranchised by a Hillary loss and disinterested in the November election.

  • Posted By: camposd @ 02/06/2008 4:05:07 PM

    I agree that Presidents can't do very much to improve the economy. However, they can do much harm to the economy with the wrong policies and with fiscal irresponsibility. For example, George Bush's questionable and incompetent Irak invasion is draining US treasury and resources, and thus harming the economy.

  • Posted By: diver792309 @ 02/06/2008 4:03:09 PM

    I agree, if anyone has the power to control the economy it is the consumer and Congress. Congress has the power under the Constitution to either taxes or spend and the consumer either spends, saves or blows it on bad mortgages, tuition, credit cards, car loans, personal loans, pay day loans, then complian they have no money to pay for health insurance. POTUS on the otherhand is required by the Constitution to spend money appropriated by Congress. For anyone to suggest that everything POTUS Bush does has such an immediate impact on the economy is not educated, does not read besides what the internet tells them to read and has such an emotional passion to hate this president that it clouds their sound judgement.

  • Posted By: sadowood @ 02/06/2008 3:57:14 PM

    See how the presidents really did at www.presentialperformance.com

  • Posted By: jpanky @ 02/06/2008 3:50:08 PM

    While I agree with many of your points, you ignore the correlation between presidential policies that are controlled by the man in office (such as the Iraq invasion and subsequent outlay of trillions of dollars) and their effect on the economy. Our federal government continues to spend more than it takes in creating an ever increasing federal deficit which in turn means more of revenue goes to pay interest on the debt. So, while the man or woman in office may not have direct control over the economy, the policies and actions of those in office can have a devastating impact on the economy. Perhaps we should not choose our leaders based on the economy, but we should certainly look to what their policies can do to the economy.

  • Posted By: unfrgvn82 @ 02/06/2008 3:33:24 PM

    Our economy is like it is because people max out credit cards and buy houses they cannot realistically afford.<--- Emphasis on the period.

  • Posted By: JBuzicky75@comcast.net @ 02/06/2008 2:14:01 PM

    This is the most asinine article I've ever read! Our economy is tied directly to the so called 'War on Terror'. Like Dr. Paul said, the war and economy are the same thing. Bu$hco's handlers (neocons) are the exact reason why our economy has gone down the toilet. The overseas expenditures, no-bid contracts, lack of oversight on monies being wasted in Iraq and bureaucracies like Homeland Security are a huge chunk of the problem. If you haven't watch a movie called 'Iraq for Sale' you must see it!!!
    http://video.google.com/videoplay?docid=-6621486727392146155

  • Posted By: ru4real6846 @ 02/06/2008 1:29:27 PM

    Our economy is like it is, because of George Bush and the way he does things. He has screwed up everything that america stands for. It's sad to see this country going down the toilet and greed is going to make it worse. America isn't what it used to be and it's going to get worse and nobody cares one way or the other. I don't feel a bit sorry either. let it rip!

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