they always said a war is good for an economy. why is ours failing?
2007-03-28 15:13:32 · 8 answers · asked by cjone782000 1 in Politics & Government ➔ Other - Politics & Government
to the guy that said verify my info. you maybe right. the economy might be doing fine maybe its just the lack of jobs. 7% on unemployment is what 21 million. just because all these company's are raising the prices and getting a good profit don't let that camouflage the fact that we are in trouble. lets not forget all these arm mortgages that are foreclosing and people buying 300,000.00 house for 30,000.00 like in Chicago. i hope those lenders are from over seas. hey maybe we outsourced the war and thats why it didn't crate jobs. i miss Clinton and his positive growth economy thats bush ruined.
2007-03-28 15:29:41 · update #1
Because so many jobs have been shipped out of the country. You can only lose so many jobs and replace them with lower paying jobs for so long without it being felt. This NAFTA program is about to hit the trucking industry hard and we'll lose more there.
2007-03-28 15:25:07 · answer #1 · answered by Anonymous · 0⤊ 0⤋
The war surely helped the economy. In March 03 we were at the Nasdaq/S and P and Dow lows. Now we are at near highs in all three indexes in all three since then. Not ALL TIME highs, but a good , steady move up. The war is now 4 years old so the major effects have already been felt, unless we start a new war, the economy has to move in it's own accordance.
2007-03-28 15:19:15 · answer #2 · answered by fade_this_rally 7 · 0⤊ 0⤋
In the past wars that put a lot of people to work might have been good for the economy. This war has put very few people to work. The money spent on the war has gone to very few people.
2007-03-28 15:19:30 · answer #3 · answered by Crystal Blue Persuasion 5 · 0⤊ 0⤋
How is our economy failing? It is better now than in the Clinton years. Unemployment is down. You should verify your information before making a fool out of yourself.
2007-03-28 15:19:26 · answer #4 · answered by TE 5 · 2⤊ 0⤋
the war and tax cuts are the only things keeping it semi-stable...
imagine how bad it would be without those two crutches...
and of course, long run, the huge debt isn't good for the economy...
2007-03-28 15:19:04 · answer #5 · answered by Anonymous · 2⤊ 0⤋
US is economy is down because it is tied with the Iraq war while other countries have no problem with terrorism like China to which the US is already indebted.
2007-03-28 15:17:16 · answer #6 · answered by FRAGINAL, JTM 7 · 0⤊ 3⤋
we havent got enough war.
2007-03-28 19:57:55 · answer #7 · answered by Anonymous · 0⤊ 0⤋
because that saying is bullcrap
2007-03-28 16:19:38 · answer #8 · answered by joe 2 · 0⤊ 0⤋