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Bush Claims Iraq War Spending Is Helping US Economy

Why is the U.S. facing a recession according to most economists and the Federal Reserve Chairman? Let’s let our Harvard MBA President explain why the Iraq war isn’t impacting the economy it’s actually helping!

http://thinkprogress.org/2008/02/18/bush-iraq-economy/

For factual data on the cost of the war in Iraq ($495 billion and counting) click here;

http://www.nationalpriorities.org/costofwar_home

A McClatchy analysis finds that jobless Americans are spending more time looking for work and that those who can’t find work now make up a greater share of the unemployed.” As of January, “almost one in five unemployed workers” had been jobless for six months or more.

www.americanprogressaction.org

“Not since the Depression has a larger share of Americans owed more on their homes than they are worth,” reports The New York Times, as Congress weighs various proposals to help the “8.8 million homeowners, or 10.3 percent of the total,” who “are underwater.”

www.americanprogressaction.org

 

Posted on Tuesday, February 19, 2008 at 10:27AM by Registered CommenterRoxanne Walker | CommentsPost a Comment

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