Is McCain And The Iraq War Worth An Economic Depression?

One major bank has gone under, and housing prices continue to plummet.

It does not appear any GOP economic fix is going to work for us to avoid slipping into a depression soon.

What might work is for us to end the Iraq war and start investing massively into our own economy, using FDR style economics to pull our economy out of the limb.

While I support Hillary Clinton, at this point I am nervous enough that I would gladly support ANY democrat candidate ..... as long as we can avoid a future depression ....

How about you?

What do you think?

Twinkie Thief2008-03-26T18:10:53Z

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i hate to break it too you, but our defense spending is the only thing spurring the economy right now.... industry accross the nation is at a standstill, lay offs are rampant.... and the unemployment rate is on the rise, there are less job openings, illegal aliens are leaving and returning home due to insufficient work here (not the mediocre phoney attempt of enforcement that is played up by the Bush adminstration...)

the only industry that is not in a slow down is defense related industry....

none of the actual costs are even close to being realized by the actual tax payer yet... all we notice is the economy sucks, the economy would suck even with out the war..... you also cannot totally blame energy costs due to instability in the mideast.... oil companies have no true competition, during slowdowns they grudgingly lower costs to spur usage... we at near capacity production capability with no new production efforts in the future.... when use rises cost leaps fast to stem the use and oil companies reap huge profits....

the end of the thirties depression was hastened only because of public works and the entering of the U.S. into WWII, ....something to ponder.... budget shortfalls are common place... the government will always have money somewhere... just like we as consumers always seem to have money for things we want....

in closing Bush is a dolt.... but the war is not the blame of the economy... the economic bust was only waiting to happen.... banks writing loans and credit companies offering credit to unworthy borowers was pure greed with a train wreck coming not an if but a when.........it was inevitable.

martinx072008-03-26T18:21:16Z

That's where the problem is, McCain does not know anything about economics. He thinks that sacrificing liberty for security is right, and it's not, because it becomes bloody, and too expensive. No offense my friend, but the democrats are not going to save us either. Hillary and Obama propose invading Iran, while raising high taxes for Universal Healthcare. I would only place my money on Ron Paul, even if he doesn't have a chance. He knows how the economy works, and he WILL bring the troops home since he voted against it. A president cannot control the economy, but a president can give us sound money, low taxation, and limited government, as stated in the Constitution. Take care.

Anonymous2008-03-26T18:06:49Z

Did yo know the president doesn't control the economy, that would be the tresuary and congress. He cant make jobs, again congress taxes hello! He cant change gas prices with some magic wand, again congress taxes hello! any one understand yet? He is merley a head decisionmaker not the yes or no that would be a dictator like chavez!
By the way, the war is expensive yes, but would it be more expensive if we had problems liken to the tv show jerico?
No goverment becasue we werent vigilant and fighting them over seas?
This is a chess match beyond your understanding, it is best you stop whining and be glad you aret dead by a dirty bomb. If you dont belive it can happen find a local bomb squad member where you live and ask, just how many do you find that are real and how many do you find just before they can assemble it?

blibityblabity2008-03-26T18:04:04Z

The bank and the housing prices have nothing to do with who is in office and everything to do with people signing up for more debt than they can afford, and/or not understanding what they were signing. They then paid to much for their house(as compared to the local job market) and drove up house prices to an inflated level. What we are experiencing is a market correction to prices that houses should be at, not a loss of value. The bank closed because someone convinced them it would be a good idea to lend to people that have never paid their bills. Then when the market corrected, they couldn't get their money back on the foreclosures. None of this has anything to do with the government in a capitalistic society. If they make it their business, then we will be in more trouble.

Ð4MÃN!™ (End the Fed!)2008-03-26T18:04:08Z

I think that there is one GOP Candidate who can solve the economic crisis, and only won...the candidate who has been ignored and marginalized by the corporate-controlled media....

Ron Paul

Ron Paul says to have sound money - return to the gold standard. Ronald Reagan also believed in this, and Reagan told Ron Paul that the only great nations that have survived, are those on the gold standard.

Ron Paul wants to bring the troops home, and save hundreds of billions of dollars. He not only wants to bring them home from Iraq, but from everywhere in the world.

Ron Paul wants to get rid of needless bureaucratic organizations, that do nothing more than steel money from the public.

Ron Paul wants to get rid of the income tax and the IRS. If people get to keep more of their own money, they will spend it, and that will greatly improve the economy.

Ron Paul wants to abolish the Federal Reserve, the privately owned bank that is currently bankrupting the country.

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