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The False Assumption That The War Is Draining The US Economy

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7even:
^From nursing home to bullet-making factory. Nuts.

Ant:
look...  get an education in economics, and then tell me i'm wrong.  there are long term consquences to deficit spending.  the dollar has not stopped declining... there was an analysis that said oil was $10 per barrel higher because of the iraq war... obviously there were economic consequences for our country, you can't honestly tell me debt isa good thing to have. 

now obviously, when halliburton gets enriched so do its employees, but economics is concerned with net effects, and i'm concerned with long run net consequences... boosting spending gives you a short term high, obviously if your spending 500 billion each year you shouldn,t that money is being used to create at least a few jobs, but then you get off the high, and you realize ur dollar is worth less, your tax dollars are achieving less, and you have a shit load of debt u have to bail yourself out of....

additionally, every dollar of debt you add, thats one more dollar you have to make interest payments on... in other words, as the government adds debt, it has to use a higher percentage of your tax dollars to finance its debt.  so when you add one trillion in debt, a large chunk of your tax dollars gets shipped out overseas, and the remainder can be used to fund government programs.... as you increase debt, more goes overseas, and less is left to pay for government programs.

Jimmy Cash2120:
strangly, i find myself agreeing with ant

TraceOneInfinite:

--- Quote from: 7even the Harbinger on January 20, 2005, 04:57:53 PM ---^From nursing home to bullet-making factory. Nuts.


--- End quote ---

LOL...

And to clarify, now that I think about it, I don't think the place this guy went to work at was owned by the government, I think most these businesses are weapons manufacturer's and they just recieve government contracts in times of war.

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