Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Do you believe our bad economy is in anyway connected to Iraq War?

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
 
kentuck Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-28-08 11:05 AM
Original message
Do you believe our bad economy is in anyway connected to Iraq War?
Do you believe the $4 per gallon for gas is connected to US occupation in Iraq? Do you believe the price of gas affects the price of bread and the cost of doing business? Do you believe that those who got us into the Iraq War are responsible for the present bad economy and high gas prices? Or do you think this is all just a normal cycle for the economy?
Printer Friendly | Permalink |  | Top
katmondoo Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-28-08 11:06 AM
Response to Original message
1. Well,Yes and Yes again
Printer Friendly | Permalink |  | Top
 
LakeSamish706 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-28-08 11:07 AM
Response to Original message
2. Everything bad that is taking place in the world is related in one way or...
another to the Bush Administration, which includes the Iraq war... So the answer is Yes.
Printer Friendly | Permalink |  | Top
 
Red Zelda Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-28-08 11:08 AM
Response to Original message
3. If they wouldn't have dumped the $$$ in Iraq
they'd have found another way to steal it.
Let's invade Iran so gasoline can hit $7 a gallon.
Printer Friendly | Permalink |  | Top
 
TBF Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-28-08 11:08 AM
Response to Original message
4. Are you serious?
What do you think happens when you are forced to borrow billions of dollars a month from other countries to fight your wars? Our dollar barely has the worth of monopoly money and our economy has hit the wall.

Part of the business cycle? You've been listening to FOX news too long.
Printer Friendly | Permalink |  | Top
 
yardwork Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-28-08 11:09 AM
Response to Reply #4
6. Psst. Take some time to familiarize yourself with Kentuck's posts.
Kentuck knows what's going on - he's no Fox news admirer.
Printer Friendly | Permalink |  | Top
 
TBF Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-28-08 11:12 AM
Response to Reply #6
9. Yes, I am pretty new to DU -
how do I look up someone's posts?
Printer Friendly | Permalink |  | Top
 
Forkboy Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-28-08 11:17 AM
Response to Reply #9
12. You can do a search on them.
The "search" link is at the top of the page.

Welcome to DU. :toast:
Printer Friendly | Permalink |  | Top
 
TBF Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-28-08 11:22 AM
Response to Reply #12
14. great - thank you!
Printer Friendly | Permalink |  | Top
 
kentuck Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-28-08 11:10 AM
Response to Reply #4
7. Do you think those that voted for the war in Iraq...?
are responsible for the bad economy? Including Hillary?
Printer Friendly | Permalink |  | Top
 
Saturday Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-28-08 11:17 AM
Response to Reply #7
11. Those that continue to fund it are responsible.nt
Printer Friendly | Permalink |  | Top
 
yardwork Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-28-08 11:08 AM
Response to Original message
5. Duh.
Printer Friendly | Permalink |  | Top
 
L. Coyote Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-28-08 11:12 AM
Response to Original message
8. Do'h!! n/t
Printer Friendly | Permalink |  | Top
 
kentuck Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-28-08 11:13 AM
Response to Original message
10. Hillary is talking "Jobs! Jobs! Jobs!"
How serious do you take those promises?
Printer Friendly | Permalink |  | Top
 
JDPriestly Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-28-08 11:36 AM
Response to Reply #10
21. As seriously as I take her promise to do something about NAFTA
which is not very seriously. And about as seriously as I take her health care proposal (which sounds as good as Edwards') now that Schumer has come out and said that Congress will squelch serious health care reform. Her plan is to promise the stars and the moon and then, when she is in office, play good cop to Congress's bad cop.

And as for Obama, he doesn't even bother to make any of the important promises.

Where is Edwards? Why didn't you all vote for him?

Don't complain to me about Hillary or Obama once they are elected if you did not vote for Edwards. (And I believe there will be plenty to complain out, regardless which of them is our nominee.) Face it, America missed the boat by not nominating the best of our candidates -- John Edwards. I will not give up on this.
Printer Friendly | Permalink |  | Top
 
kentuck Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-28-08 11:47 AM
Response to Reply #21
26. But Bill signed NAFTA....
You can't have guilt by association...can you?
Printer Friendly | Permalink |  | Top
 
riderinthestorm Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-28-08 11:20 AM
Response to Original message
13. Yes.
Decided to post on this thread before it got too long and I couldn't get in it anymore... LOL! I suspect your going to get a virtual deluge of affirmation.
Printer Friendly | Permalink |  | Top
 
kentuck Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-28-08 11:22 AM
Response to Reply #13
16. But do they realize what they are affirming?
When they say "Yes"?
Printer Friendly | Permalink |  | Top
 
riderinthestorm Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-28-08 11:39 AM
Response to Reply #16
22. (Painful groan) Oh please, please, I hope so.
Please tell me the average DUer isn't that dense! :dunce:
Printer Friendly | Permalink |  | Top
 
zonmoy Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-28-08 11:22 AM
Response to Original message
15. the last action of a dying empire is to loot their own country.
the second to the last act is to invade and loot every other country they can.
Printer Friendly | Permalink |  | Top
 
Doityourself Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-28-08 11:23 AM
Response to Original message
17. Yes.
Printer Friendly | Permalink |  | Top
 
JDPriestly Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-28-08 11:31 AM
Response to Original message
18. Yes, and the current and coming inflation is and will be directly caused
by the waste of our money on that war.
Printer Friendly | Permalink |  | Top
 
Fireweed247 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-28-08 11:32 AM
Response to Original message
19. Of course!
That and the "free" trade agreements which benefit the Corporations only.

And every member of Congress that has given Bush a blank check and the free reign to ignore our Constitution is equally at fault. "I was following orders" is not a valid excuse.
www.peacecandidates.com
Printer Friendly | Permalink |  | Top
 
QueenOfCalifornia Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-28-08 11:33 AM
Response to Original message
20. Fuck Yes
I have a zit on my ass and I know that somehow it is related to the Bush administration who in fact is responsible for the occupation of Iraq.

Bush and his pals have fucked up this country so bad it is ridiculous. :eyes:
Printer Friendly | Permalink |  | Top
 
DadOf2LittleAngels Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-28-08 11:42 AM
Response to Original message
23. No
Edited on Mon Apr-28-08 11:43 AM by DadOf2LittleAngels
This is not to say that Iraq does not hurt but with the * mentality of cut the taxes, use the credit cards and let the good times roll we could be at peace and still have a crap economy..
Printer Friendly | Permalink |  | Top
 
LSK Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-28-08 11:42 AM
Response to Original message
24. 100billion per year spent on blowing things up
versus 100billion per year rebuilding our infrastructure, giving healthcare, paying for college?

Also how much in the price of oil is from tension and violence in the middle east. Yes there was always unrest in the middle east but not a whole country with hundreds dying a week.

Also there is the specter of war with Iran which would shut down the Persian Gulf.
Printer Friendly | Permalink |  | Top
 
kenny blankenship Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-28-08 12:47 PM
Response to Reply #24
29. And the overall amount (mis)allocated towards the military tops a TRILLION a year now
figure the opportunity costs on that!
Printer Friendly | Permalink |  | Top
 
TechBear_Seattle Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-28-08 11:43 AM
Response to Original message
25. Yes, but only because you asked "in any way"
Edited on Mon Apr-28-08 11:43 AM by TechBear_Seattle
Part of our faltering economy is the lack of "investor" confidence within the global exchange, caused in large part because of our actions in Iraq. Another part is the vast money pit that Iraq has become for our country, with no funding going back in to shore things up. To put it in business terms: the United States is a once blue-chip company that, because of new management, has driven itself into the ground with high-risk business ventures that have absolutely nothing to do with the firm's core products. Investors in our stock (the dollar and government bonds) have sold out and taken their money elsewhere, leaving us with a very serious cash flow problem. That, in turn, lowered our stock price and has started to drive away even more potential investors.

Increasing oil prices are definitely a part; those increases have had a huge ripple effect as the cost to manufacture and ship goods has increased. Petroleum prices have, in turn, driven increased demand for biofuels which are currently made from food crops, driving prices of corn to even higher levels. However, the price of oil is a global phenomenon that does not effect the United States specifically, and I believe that they are only marginally, if at all, related to the US invasion and occupation of Iraq. Because of the embargo on Iraqi oil before the invasion, and the damage to oil production infrastructure caused by the repeated bombing raids under the Clinton administration, it is very unlikely that prices would be much different had we not invaded Iraq.

In the main, though, I believe our economic woes stem from the greed of the mortgage lenders who caused the current sub-prime crisis. The offshoring of jobs has not helped either.
Printer Friendly | Permalink |  | Top
 
damntexdem Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-28-08 12:24 PM
Response to Original message
27. Of course it is all connected to Iraq. $3 trillion down the rathole has consequences.
Every time I see ones of those "it's not because of Iraq" stories in the NY Times, I am disgusted. Of course other things are involved, the tax cuts most of all; but Iraq not only helped cause the recession, its costs help keep the country from doing anything about it.
Printer Friendly | Permalink |  | Top
 
lutefisk Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-28-08 12:46 PM
Response to Original message
28. The bad economy is because the public fears a Democratic win in the 2008 elections
If we haven't heard that one yet, we will.

But seriously, it's almost all Iraq for many, many reasons. Add in the effects of tax cuts and Bush fiscal "policy" and the country clearly is being looted.

The larger cause is the result of the perfect storm: Bush and anything!
Printer Friendly | Permalink |  | Top
 
Richard Steele Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-28-08 02:09 PM
Response to Original message
30. One Nobel Prize-winning economist says it is:
http://www.theaustralian.news.com.au/story/0,25197,23286149-2703,00.html

"THE Iraq war has cost the US 50-60 times more than the Bush administration predicted and was a central cause of the sub-prime banking crisis threatening the world economy, according to Nobel Prize-winning economist Joseph Stiglitz.
The former World Bank vice-president yesterday said the war had, so far, cost the US something like $US3trillion ($3.3 trillion) compared with the $US50-$US60-billion predicted in 2003."
..............
"The spending on Iraq was a hidden cause of the current credit crunch because the US central bank responded to the massive financial drain of the war by flooding the American economy with cheap credit."
..............
"That led to a housing bubble and a consumption boom, and the fallout was plunging the US economy into recession and saddling the next US president with the biggest budget deficit in history, he said."


More at link above.
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Thu Apr 18th 2024, 09:19 AM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC