Do You Believe The Economy and The War With Iraq Are Related?

I keep hearing pundits say the economy has replaced the war with Iraq as the primary issue, so I wonder if there is a correlation between the two?

done to pay for it and in turn this makes us pay more for gas and experience inflation in many other areas foreign and domestic.

we're not making any sacrifice as a nation regarding the war in Iraq, other than the military and their families, so I got to thinking maybe it's a subliminal or hidden sacrifice, the rest are making?

If it just happens to someone, it's called being screwed.

link courtesy of the Rude pundit

http://www.aavw.org/special_features/speeches_speech_king03.html

If we forget the war. When the time comes the pundits can easily spread the meme of our great economy.

;)

http://www.citizenworks.org/corp/corpkilling.pdf
WAR IN IRAQ:
We foot the billing, Corporations make a killing

http://www.sourcewatch.org/index.php?title=War_profiteering
War profiteering

http://www.gao.gov/new.items/d03194r.pdf

Subject: Information on Federal Contractors That Are Incorporated Offshore

all this money is being pushed out by the Fed but it is NOT wealth and it is NOT wages. The economy suffers from a lack of a real wage increase by the overwhelming majority of Americans. Instead of pay increases that have kept up with the skyrocketing price of fuel, food and housing, this was supplanted by 'credit'. A credit card is NOT wages, it is not a paycheck, it is a loan by a financial institution that will require you to pay back that loan or the financial institution will fail. Since 2001, the Republicans have de-linked the production of wealth through wages by inflating money both by easy credit and phantom wages in the form of cheap credit. Neither created true wealth. Massive defense spending has not created an increase of wages nor wealth because it never has, the monies spent were ultimately destroyed. That did not add to the wealth of the nation. America has always experienced this contraction after a War. this happened after WWI, WWII, Korea, Vietnam, and now the Iraq war. The HUGE cost of the Iraq war is being extracted out of the average taxpayer by deflating the value of the home. The upward spiral of cheap 'credit' to both buy homes and consumer items has corroded basic financial fundamentals. The problem is one of solvency, the average consumer is not solvent enough to pay off existing debt and increase spending to grow new wealth into the economy. A great deal of wealth has been squandered in the sands of Iraq. Additional liquidity will not solve this problem until wages can increase to once again sustainably grow the economy. Lowering interest rates may help some consumers with fixing or lowering their monthly payments but with some lenders unwilling to refinance some consumers who are to far "underwater" the rate cut will have very limited impact.

For the first time in my 7 years here on DU, I stood up and applauded a post.

To further your brilliant points, the only true way to "fix" the American economy is to de-Empire. We cannot sustain being the world's policeman and continue our current standard of living. We still have yahoos who want to go to war with Iran. That is pure insanity at this point.

The U.S. spends more per capita on defense than any other nation on this planet, yet we've only been attacked by a foreign power once in almost 200 years. In essence, we don't have a "defense" budget. We have a World Empire budget. That budget needs to be cut and the money needs to be used to pay out our debts abroad, shore up vital social programs at home, and encourage re-engineering of our economy through new enviro-friendly energy, new mfg processes, and new information technologies.

period!

:hi:

However, we (the consumer) pay for that with inflation. But Georgie sure did pull one over on them Chinese!!