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Look, when you have a war, even a protracted and controlled....

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whistle Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-09-05 03:31 PM
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Look, when you have a war, even a protracted and controlled....
...one and you allow the top 5% of the country to profit handsomely from the war and exempt them from paying their share of the costs, saddling the rest of the workers in the society with having having to pay for that war, that invites inflation. The longer the war continues, the greater the inflation as resources, capital and human lives are all bled from the economy. That is exactly what is going on with Bush's War.

He can't or won't stop it, so we face another four years of the same of worse that we have experienced during the past 24 months and the U.S. economy will be sent into shock. We have a military budget with the Iraq/Afghanistan Wars of close to $600 billion going into FY 2005-06 and that will double through the remainder of Bush's term in office.
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Steel City Slim Donating Member (410 posts) Send PM | Profile | Ignore Sat Apr-09-05 04:01 PM
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1. Inflation
LBJ didn't ask for a tax to fund Vietnam (and was reamed by the repubs for not doing so) and that caused the terrible inflation of the '70s. This dim wit not only didn't ask for a tax to fund Afghanistan/Iraq, but pushed through a massive tax CUT. Things are going to get ugly.
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