The United States Economy is Directly Related to War in Iraq

Nicholos Poma B.S.
There was a time, not too long ago, when the United States had a robust and growing economy. However, some men decided that it was time for a war. Now, we have all heard that old saying that "When the economy is bad, start a war." It was clear to some that at the end of the Clinton Presidency that the economy was going to suffer a down turn, but nobody could conceive of how bad it would get after 911 and into the wars with Iraq and Afghanistan.

Now, the United States finds itself in debt to rich bankers and other countries, such as China. A country which is not friendly to the U.S. even though we have afforded them "Most Favored Nation" status, and we import almost every product we use from the Communist country. It has been estimated that the war in Iraq alone is costing the American tax payers approximately $200 Million a day. The country has a national deficit of $9 Trillion dollars; yes that is Trillion with a T.

Actually, if the dollar were worth what it once was the debt would really only be about $4.5 Trillion, but the dollar has lost much of its value due to the Fed trying to keep it afloat. Nevertheless, what we find is that while the administration is conducting multiple wars and speaking of engaging in others, they are not taking care of the U.S. citizens. One issue comes to mind, and that is the SCHIP legislation which was vetoed by President Bush.

The SCHIP would have provided healthcare to those that fall through the cracks in the healthcare system. These are the people that earn too much to qualify for social programs, but do not earn enough to pay the high cost of healthcare. I must admit that I do fall into this category and it is quite frustrating to see that illegal aliens can get free assistance from my own government, but I cannot even get a little help in paying for my healthcare premiums. Another sticking point for me is that we are spending Trillions of dollars to kill people in another country, but we will not spend a few billion to help people here at home. Priorities seem to be a little skewed lately and the American people are beginning to get wise to it.

In times past, it seemed that a good war was always good for the economy. World War II for example was a large contributing factor in achieving monumental fiscal growth following the Depression of the 1930s. However, something has changed in the dynamic equation and it does not seem to be working this time. I believe it has to do with the corporations and the bankers which are profiteering from these wars, yet the American people are seeing no benefit from this because all of the jobs are outsourced to other nations and the money cannot find its way into our economy.

These are some very greedy and unscrupulous people which are destroying this great country for mere profits. The American people need to awaken and see how they have been deceived and swindled by the bankers and the rogue corporations which only trade in human suffering, slave labor, and the accoutrements of war.

Sources

Website - Zfacts (National Debt Counter)
http://zfacts.com/p/461.html

Website - MSNBC (Cost of Iraq War)
http://www.msnbc.msn.com/id/11880954/

Website - Forbes (Dollar Devaluation)
http://www.forbes.com/2005/04/07/cz_0407oxan_housing.html

Website - Economic Policy Institute (China and the Dollar/ Job Losses in U.S. Linked Directly to China)
http://www.epinet.org/content.cfm?id=2674

Website - NPR (SCHIP)
http://www.npr.org/templates/story/story.php?storyId=15835063

War Profiteers

Website - Halliburton Watch (Halliburton)
http://www.halliburtonwatch.org/

Website - Corp Watch (DynCorp)
http://www.corpwatch.org/article.php?list=type&type=18

Website - Blackwater Book (Blackwater)
http://www.blackwaterbook.com/

Published by Nicholos Poma B.S.

Nick Poma holds a Bachelor of Science and Information Technology degree. He has served in the United States armed forces as a 31U, Tactical Communications Specialist, from 1983 to 1989 and then again from 20...  View profile

6 Comments

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  • Charles Johnson1/24/2010

    good job! hugz cj

  • Without a clue8/24/2008

    The left has no chance of winning. I work hard for my money. I don't want to have it taxed away by Obama and given to the people that don't want to work for their money. Get a clue people!!!!!!!!!!!!!!!!!!!!!

  • kelly m.11/2/2007

    This is very well written. Who would have thought we'd get to the place where we WON'T (not can't) provide affordable healthcare to working citizens, sell the government to corporate America, and chop away at the constitution for personal gain of a slect few. To deflect from the real causes we demonize illegals (who got here somehow and have jobs - so someone is paying them) while doing nothing to reform immigration and call all those who fault our defense strategy cowards who support terrorists. Shameful.

  • Nick Poma11/1/2007

    It is Bush holding up the Constitution and burning it with a lighter. Cheney is just in the background for effect and a little more ominous feeling of evil, lol.

  • mwtsaginaw11/1/2007

    I'd give 6 stars if I could, Nick, and I wouldn't have found your article if you had not been posting on other articles with that Bush and Cheney pic. What is Cheney holding? As much as those two make me sick, it makes me more sick that the people elected them twice, or at least elected them in 2004. The addition to SCHIP would have been $6,000,000,000 per year; the Iraq War is about $110,000,000,000 per year. Sick and wrong!!! There's a site called costofwar.com which shows some of the other ways in which that money could have been spent. Thanks again for the article!

  • Kim Linton11/1/2007

    I love your pic! Well written and informative article. It's nothing new; same old game of greed, different package. :)

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