What's a bigger issue facing the US today: failing economy or the threat of terrorism and why?

Question

No one seems to be talking about our sinking economy, but terrorism is the talk of the town again just because some cars were set on fire in the UK.

http://www.globalresearch.ca/index.php?context=va&aid=5964

http://www.globalresearch.ca/index.php?context=va&aid=6239

http://www.washingtonpost.com/wp-dyn/content/article/2007/06/12/AR2007061201801.html

Answer 1

The economy.

The official statistics on unemployment, GDP, and inflation are lies based on faked numbers using "assumptions" such as geometric product weighting, replacement value (if steak becomes too expensive you'll buy hamburger; if hamburger becomes too expensive, you'll buy dog food; you get the point), exclusion of people not receiving unemployment payments, and exclusion of energy and food in the official inflation statistics. A great source is Shadow Government Statistics.

The US dollar is being devalued so quickly that it looks like the stock market is up, but if you compare it to the rising price of commodities, it is not only still in a downtrend, but it is below where it was at in 2003.

The fact of the matter is that incomes may be rising, but the cost to survive is rising at a much faster pace. Individuals are going deeper into debt (yes, a mortgage is debt), the housing markets on the coasts are in decline and likely will be for quite a while, the country is aging and becoming less productive, and we've dismantled our manufacturing infrastructure and sent it overseas.

The US has over $50 Trillion of unfunded liabilities related to Medicare and Social Security. This means that either the currency gets devalued by a factor of 5 ($15/gallon gasoline) with little appreciation in wages and salaries or everyone pays roughly 100% of their income in tax over the next 20 years to support these programs.

Terrorism is a red herring issue designed specifically to create an atmosphere of fear that allows the politicians, police, and military to basically do whatever they under the guise of "fighting terrorism." Statistically, you are far more likely to die in an airplane crash or be struck by lightning than to be the victim of a terrorist attack. Fear of a thing only gives it power over you.

We as Americans have lived too well for too long and most of us believe that our economy is invincible. When almost everyone believes the same thing, it is time to bet the other way.

Answer 2

>What's a bigger issue facing the US today: failing economy or the threat of terrorism and why?

As it stands, economic problems are by far a bigger issue. Many of the economics-related policies and systems used in the United States are quite flawed and cost people large amounts of money, labor and worry every year. So far terrorists have not done anything to the United States that has as big an effect as the government's bad economic decisions. If americans really want to live in a great country, they need to find themselves a government that can fix all these problems, much more importantly than one that will go and kill a few thousand afghan insurgents. It would take an awfully perfect economy to have fewer problems than those caused by terrorism, much more perfect than what's in place in the United States now.

>No one seems to be talking about our sinking economy, but terrorism is the talk of the town again just because some cars were set on fire in the UK.

But of course! The american government WANTS you to worry about terrorism, and it wants you NOT to worry about economics. It wants to you occupy your time thinking about external foes that can make the government look like heroes, rather than the government itself which to any rational, intelligent person looks just as evil and corrupt as it really is. If you've ever read George Orwell's 1984 you'll know what I'm talking about.

Answer 3

Yes, the economy is on the pinnacle. The USA currently imposes 25% of the world's debt. Where do you people think the M1 money supply comes from anyway? The printing presses? Asia has been generous financing America's debt. And, I'm not the only one that thinks like this.

"I would argue that the most serious threat to the United States is not someone hiding in a cave in Afghanistan or Pakistan but our own fiscal irresponsibility,"
-- U.S. Comptroller General David Walker
(from a CBS 60 Minutes feature story, aired 8 July 2007).

BOTH political parties have raided the SS Trust Fund and left IOUs.

FDR didn't get a lot of attention as WWII began to wind down, but he suggested at the start of his 4th term that in order for the American way of life to continue we'd need: Universal Employment and Universal Health Care as outlined in his Four Freedoms speech. I shake my head reading that speech. It has nothing to do with the bleating we hear on the airwaves today: "BUT the CONSUMER will benefit".

So, if things get so desperate like they do in some of the 3rd World countries, at least we have Big Box Stores located almost within walking distance of everyone. And, they sell hunting gear and ammunition.

Answer 4

The Economy is Dictated by The Fdrl Rsrve, Corp. Zionist Owned and CONTROLLED U.S. Mass Media. Yes there is a Threat from terrorists in the Arab countries etal. The MAJORITY of Whom were Just Common Folk trying to feed Their families. until (U.S. Israel AF etc) has been OBLITERATING Many INOCENT and UN-Armed Civilians. If say Korea was Bombing the crap in YOUR TOWN/CITY, and INVADING & OCCUPYING YOUR Neighbor, or BLASTED YOUR Mon, Dad, Precious Little 4yr. old Sister. Might YOU consider Finding a Weapon to Protect whats Left ? or FIGHT the Force Taking Over YOUR Oil Field, or YOUR place of employ, or YOUR Water and Food Supplies, or YOUR Elec Plants or ??? Wouldn't All of you Mis Guided "think the Eco. is great" Crowd. must be Lonin' It, since "YOUR Hero" is about ready to Pull Another False Flag Op. like 9/11. The MAJORITY of Busches People are Zionists, and NaziFascists, who could Give a Half-aSQUAT LESS about YOU !! Hows Your Life look under Martial Law.??. WAKE UP PEOPLE !! http://www.911stuff.com/play-4411-Illuminati_9_11.html

Answer 5

I believe what is often over looked is that they usually go hand in hand........the value of our money is based on the trust of our government (our money hasn't been backed by the gold standard since 1973) and when the value of the dollar over seas goes down our influence goes with it. The arabs in large part base the value of there oil in dollars. When our economy starts to fail or slow down the amount of taxes collected goes with it.Usually forcing government into a deficit spending causing the value of our money to go down in order to prop op up our economy. Government deficits usually shows up as trade deficits as well.This has for the most part has been going on for at least the last 34 years of deficits. When the value of the dollar gets #$@&**! we all get #@!%$! So when that happens the trust and confendence in our goverment goes with it.

Answer 6

I guess I'll be going along with the theme of a few other posts. Of what failing economy do you speak? The U.S. economy is actually thriving. Productivity is strong, tax revenues are up, corporate revenues are up and so on and so on. So my answer is between the economy and terrorists, I'll choose terrorists as the bigger threat.

Answer 7

"No one seems to be talking about our sinking economy" - what, because a few large companies missed earnings?

Unemployment is at a record low, CPI is low, GDP growth is slower than I'd like it but respectable after a long series of rate hikes - - the economy isn't sinking at all.

Uninvee is demonstrably wrong - the trend for both the last five years and the last 25 years is the opposite of what he says.

Answer 8

Failing economy. In time the majority will be walking in the mud while (and not a long one) the elite whiz by in their limos...

It will make terrorists out of a lot of disaffected Americans and then we'll have a little bit of the middle east style war going on right here.

Answer 9

Do you have a link providing a failing economy?? that is a new one on me... Terrorism is a serious threat in this country btw..

Answer 10

Failing economy?

We have the highest per capita income in this nation's history. More Americans own homes than ever before. We have near record low unemployment. We have more people graduating from college than ever before. We are collecting record tax revenues from individuals and corporations. We have the highest material standard of living in human history.

The only thing that is failing is your understanding of economic realities.