Quote Originally Posted by thcbongman
I don't think you are wrong about the current economic state. I predicted a market crash in 5-10 years for those very reasons you listed. Read my first post again. I mention those same points. What we disagree on is whether war is an effective economic stimulus.

But what do you think CEOs do with their money? Stash it under a mattress? Realistically, they invest it, start new ventures, which creates new jobs. CEOs are definitely getting overpaid, but they don't just suddenly decide "I made enough money." They strive to make more money. One way or another, they're being pumped back into the economy whether it's through securities, or paying for services

Take a look at the Dow Jones average. Notice how it declined until precisely March 2003. Then the trend start an incline. As I mentioned earlier, it's propped up artificially through the war. But my point is what goes up must come down. The cost for this stimulus is major loss of purchasing power, and the weakening of the dollar We eventually have to pay for it. And presently the problem.

I'm not saying it'll solve our problems to go into Iran the next day, but if the economy goes into a freefall, it's can be an effective economic stimulus if well-managed.

If I ruled America, I'd have a very fiscally responsible budget, cut the size of the government, especially defense, and wasteful social programs. I'd run America very much like Switzerland and not involve war.

The problem is America is too deep in shit trying to police the world. We are now engaging in an economic battle with emerging economic powerhouses: EU, China, Russia, and India. All of them have the potential to overtake America.
Cheers mate!! I see where I was misguided by your post, well not misguided, but misunderstood what you were saying. I was thinking you were saying that the war would fix our current economic problem, rather than just being a band-aid fix. I see also by your post that we do have a lot of the same ideas. :rastasmoke: