Polls now show people are concerned more about the economy than the war.
But why is the economy in trouble?
Does it have anything to do with the massive direct costs of the war? Does it have to do with pulling huge numbers of productive National Guard members out of their jobs and making it illegal to refill those positions shifting the cost of the war from the government’s books to businesses? The costs are still there, but they are more hidden.
What about the huge costs in time, resources and lost efficiency due to security caused by the terrorism brought on us by our support for Israel?
What about the collapse of the Affirmative Action home loan system (AKA Subprime) that triggered the current downturn?
What about the Immigration Invasion that shifts the high costs of “cheap labor” from unscrupulous businesses onto other segments of the economy creating profit for the unscrupulous, but net losses for the whole economy?
These are political issues that the politicians want to avoid, so the “solution” is a “stimulus package.”
THE ROAD TO THE WHITE HOUSE: THE NEW REALITY: Shock, awe – and economics
‘It’s the economy, stupid,’ the phrase that Bill Clinton rode to the White House in 1992, is about to make a return to the U.S. presidential race. With the country on the brink of a recession, no longer is the quagmire of Iraq the dominant issue. Now, a slew of bad economic news has suddenly shifted the campaign battlefield
BARRIE MCKENNA – WASHINGTON — John Edwards wants to punish Corporate America. John McCain would slash corporate tax rates. Mitt Romney is talking up his impressive business résumé.
With the U.S. economy flirting with recession, the race to succeed President George W. Bush is suddenly all about the economy. And that could benefit candidates, such as Hillary Clinton, who have a lot of experience, while making life uncomfortable for the entire Republican field.
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