Is the Iraq war affecting the US economy?

Answer 1

I live in Europe. When the Euro was first introduced in 2000? It was worth 85 american cents. NOW one Euro is worth $1.30. Things are going down down down for the dollar.
Between 1990 and 2000, I saw the American dollar getting stronger and Stronger under the administration of Bill Clinton.

HEY KEVIN STUD>>> I AM AN AMERICAN FROM OHIO. I'm not happy about the decline of the dollar, ok?

Answer 2

When one(the US) borrows money (from China) to pay for the war and the Israeli settlements in the occupied land, it puts the US more into debt. The more debt the more interest payments. The more interest payments the less for self to spend on. And that translates into less for education, less for highways, less for defense, less for law enforcement.
In the meantime, the lenders are getting richer and richer. I would conclude, the Iraq war is affecting the US economy very negatively.

Answer 3

Is spending a billion dollars a day in Iraq and other parts of the world going to affect our economy? Definately. It may not be affecting our economy today, but it will someday when we have to pay off this outlandish debt.

Answer 4

Things are not looking so good. US economy is slowing down and home sales vanishing. Lot of people will loose their homes next year as they will not be able to pay their mortgage. If some new innovation comes from america, that will help US economy otherwise Americans will have hard time in competing with Indians and Chinese.

India and China is where the growth is happening.

My advice specially to girls: Keep all pregnancy pending and be a childfree by choice. This will make sure you have decent money to live your life and that too stress free.

Answer 5

As a whole..no?? Wrong answer, it most certainly is affecting our economy. War always affects our economy. The military is asking for 99 Billion dollars....that makes a slight dent don't you think?

Answer 6

On sept. 10th, the day in the previous 9/11. Rummy introduced that trillions got here up lacking on the pentagon. bang....9/11 befell and usa forgot. The crime keeps to this present day and the unhappy american public have no concept that they have been bent over via our corrupt government.

Answer 7

To answer your question, YES
All wars are good for any economy.
How do you think knew jobs get started? The company I work for has had a great year, best it's been in a long time.
Wars bring the money in.

Answer 8

Probably not. As usual, the economy is strong but there are certain areas of some concern, like housing prices. Iraq has nothing at all to do with the areas of concern, but meanwhile the "war effort" is not large enough to significantly boost demand.

Trevor, thanks for dropping by to remind us how Europeans remain so consistently clueless about economics. Enjoy your continued decline until the Mullahs take over.

Answer 9

Definatley. Between the weather, the war and recent gas prices spending and investing is down.

Answer 10

i`m sure that the wealthy 1% at the top is making a bundle.someone makes a lot of money from war.if you invest in military supplies you ca`nt make any money if your stocks do`nt sell.if you start a war you make money selling military,fuel,food and medical supplies,etc..some of that makes it back to us,(trickle down economics).