Is the Iraqi War debt affecting our economy?

Question

I know taxes haven't been raised to pay for it......

Answer 1

It is and will and all the ways are not even evident yet.

When you buy a new car with a bigger payment or you get a better paying job, you subtly adjust to your new financial situation.

When you borrow money that you cannot afford, say like an adjustable morgage (echum, echum) and the payments catch up with you things look very different depending on which side you are looking at it on.

We just bought the house, the payments are big, but we are amitious, we fall asleep thinking of how we will pay for the house, how we need the house, how the house will make everything work out, and so we must go out to dinner to celebrate, it's 2007, we can do it!

After the payments catch up with us, and now we constantly budgeting, following every last dollar, talking about a second job, looking at the prices of meat, wishing you could help your mom out with her expenses, wishing you could afford more gas, remembering what it was like to go out to dinner, as you leave the market passing your favorite place to eat, ahh it's 2020, and does it seem like it's getting warmer around here?

Taxes will go up in the future, but unfortunately, so will services, so you will face a larger tax burden both due to the trend towards socialism and the fight for democracy. Strap in, it's going to be bumpy.

Answer 2

Its a time bomb ready to explode. The Dollar is already sinking, because everybody else, but the US seems to know. Between the money, the USA spends on wars, military, prisons and interest for the national debt, there is nothing left of the measly 3 Trillion tax income a year.
(I still can't believe, that Ben Laden bankrupted the USA, morally and financially with 19 cavemen)
(It baffles me, that no one remembers, that Bush has fighting us in 2 wars)

Answer 3

George W. Bush's unconstitutional, illegal, unjustified, immoral, insane 'war' against another sovereign nation that in no way threatened, provoked or attacked the United States has resulted in runaway 'war' spending that puts American taxpayers TRILLIONS of dollars in debt. Shortly after Bush leaves office, America will be in the throes of the worst economic depression in its history, making 1929 look like an ice cream social. Tens of millions will be out of work; banks will close; the entire economy of the United States (and ultimately the world) will collapse just because Bush wanted to 'get even' with Saddam Hussein for humiliating his daddy during Desert Storm, and Cheney coveted all of Iraq's OIL.
675,000 Iraqis and 3,900 U.S. soldiers have sacrificed their lives so that a handful of wealthy elitists, industrialists, oil barons and power brokers can become wealthier and more powerful. Bush lied to Congress, hoodwinked a grief-stricken American people, and conned our courageous U.S. troops into believing there was honorable purpose for his irrational 'war'.
America's economy will reel from such reckless policies for generations to come as taxpayers struggle to pay off this enormous war debt. -RKO- 11/20/07

Answer 4

No. It does not impact us in any respect and if it wasn't for the click we does not even think of roughly it. yet i grew to become into instructed that it wasn't that way throughout WWII. human beings have been all at the back of the troops and sacrificed plenty. that they had shortages of all kinds of issues and the human beings have been so patriotic returned then. i think of it is unhappy we've such numerous who merely hate our infantrymen and spit on them whilst they arrive domicile. The democrat run Congress won't even enable a vote to grant because of the armed forces for making this way of fulfillment out of Iraq. Harry Reid refuses to thank them. remember, he grew to become into the guy who pronounced we would already lost that war. i assume he hates being shown incorrect persistently returned.

Answer 5

Well , it is well contained. Oil prize from 25 & 30$ a barrel to nearly a 100$ in a short span, was not in vain. It is taking care of all expenses in a zigzag operation.

Answer 6

YES...Hello.....Look at the value of our dollar...It used to be the most valuable....When I used to travel around the world I never really worried about changing money over, because people would kill for an american dollar and now I cant even give away a dollar...ITS PATHETIC......

Answer 7

It has to as all wars affect the economy.

But freedom is not free.

Answer 8

It's certainly not good for our economy

Answer 9

it isn't helping inflation