Is the US economy going down the toilet because of the war?

Answer 1

the economy is up because of the war. war spending has been the driving force for the last 5 years....it's where the money comes from to pay for the war that will evenually come back to stick us since alot of debt has been racked up.

it's sort of like maxing out your credit cards with cash advances then putting it all in your checking account then saying "gee look how much money i have"

Answer 2

ECONOMICS AND WAR
In a perfect economy, each person produces for themselves and others. People do not buy what is not useful for themselves, so the economy is efficient.
In a war, resources are taken by the state and used to destroy resources in another state.
The million dead in Iraq do not hurt the USA economy very much, but the higher oil prices make Americans poorer.
Except for the friends of George WMD Bush, who own the oil companies…

Economists to measure the economy use the GNP.
But it is not very useful
The GNP is the sum of the following:
Products (Goods) + Services + all government spending

So if the government borrowed a trillion dollars, bought 3000 aerobus airplanes, and used them in a war to kill all the people Bush does not like, the USA economy, according to the measure of GDP, would increase by a trillion dollars.
But in reality, the economy would go down, because then normal people could not borrow for a new house as cheaply. And the bad times would start when no one would lend the government any more money, and would have to raise taxes to pay off the debt.

The real measure of an economy is this:
How long does an average newly married couple have to save to buy a new house without a mortgage?
40 years ago, they could save for three years and buy a house.
Today, they would have to save for many, many years.
That is the true measure of the economy.
The information about the economy in the newspapers is best understood if you actually read 1984 by George Orwell.

Answer 3

Actually the US economy is doing quite well.

And historically war has an overall positive effect on they economy.

WWII is what really pulled the United States out of the depression.

Answer 4

yes the war cost America
milliards dollars but that not mean America economy will destroy

Answer 5

no. it's because of the gov's negative spending choices (ie, spending half a trillion on the war and not pulling out) and the fact that we are not buying and selling much because of it.

Answer 6

No, wars do not stop people from going shopping and such.

Answer 7

no, war is good for business.

Answer 8

naw its lil bushs fault