Quote:
Originally Posted by Relentless
The wars did affect the collapse in profound ways.
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Quote:
Originally Posted by Relentless
Again Robbie... I didn't say the war caused the collapse. I said the war made it much harder to deal with the collapse. NOT spending 1T dollars, countless man hours and a tremendous amount of our attention in Iraq would have made it much easier to deal with the banking meltdown here in the United States. Any benefit to Haliburton will be unnoticeable to our economy and the 1T spent in Iraq could have been much better spent or not spent at all...  |
I didn't say that you claimed it "caused" the collapse. I pointed out exactly what you said. And you're kinda saying it again.
Here is the truth:
The wars had been going on for 6 years when the housing market collapsed.
Had ZERO to do with what the Defense Dept. was paying attention to in Iraq or Afghanistan.
And bailing out the banks was done VERY quickly by Bush and then Obama. Didn't slow that down one bit.
I THINK what you are trying to say is that our national debt would not be as high. And that might have some effect on the economy in 2012 (businesses worried about the future, etc.)
But to say it had ANY effect on the housing collapse, subsequent bank collapse, and the successful almost instant bailing out of the banks...is not true in any way at all.