Monday, March 24, 2008

Iraq Recession – or Iraq Depression?

Militarism and the economy

By Justin Raimondo

"Well, I guess that makes it official: Rep. Barbara Lee (D-Calif.) has introduced a resolution in the House of Representatives "expressing the sense of the House of Representatives that the current economic slowdown in the United States is directly related to the enormous costs of the ongoing occupation of Iraq, consigning the United States to what can only be called the Iraq recession."

If passed – and, during an election year in which the war is wildly unpopular, anything is possible – does this mean Congress will vote against funding the conflict?

No way, José!

That's politics, folks, but what we're really talking about here is economics – i.e., the bottom line. Which brings up an interesting point: this war has gone on despite rising opposition, despite the marches, the demonstrations, the polls showing that nearly 70 percent of the American people want out. Why, just the other day, Dick Cheney, confronted on ABCs Good Morning America with these poll numbers, replied with a disdainful: "So?"

The Republican base loved it: what Churchillian verve!

The Democrats and the antiwar movement were outraged: what colossal nerve! Politics keeps this war going, but economics may yet end it – perhaps sooner than anyone thinks......."

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