Quote:
Originally Posted by Relentless
They spent more than 1T in Iraq. That 1T could have been better spent. They don't call China and borrow money on per requisition basis... so the money was on hand in the sense that it had been borrowed already and misappropriated for a war of choice when it could have been properly spent averting a depression or not been borrowed at all.
You really think Haliburton and Blackwater stimulate our economy? A lot of the money will never be taxed, will be 'lost' overseas and will do virtually zero to spur any benefit of our own economy at home. Huge multinational corporations are not paying the stated tax rate on their profits.
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1. The money could have been better "spent"??? How about not spent at all.
As for money being spent to avert a depression...that was done anyway. So the money for the war did NOT affect the economy collapsing (as you originally said), and it had no bearing on the banks getting bailed out. They did.
As for "the money will never be taxed" So fucking what? What does the gigantic federal govt., which gets more revenue now than at any time in history...taxing companies have to do with the economy?
Do you really think that taxing people more is going to fix the economy?
2. Yes, I do think that Haliburton and Blackwater employ U.S. citizens. You know...jobs. But I was referring to defense contractors who make bullets, and guns, and missiles. And all the money spent transporting troops, etc.
And yes, I agree the wars were the dumbest fucking thing EVER.
But it had nothing to do with the economy collapsing in 2008 and the recession of 2009.