Kerry Links Iraq War, U.S. Economic Woes

wyomingtim

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But didn't Kerry just say he would have gone into Iraq if he was President, based on the same information that was available? Oh, that's right. He just switched on that issue too.
 
Ithaca
I dont belive the war hurt the economy.

The economy started to go about 2-3 years before 9-11 happened. its started with the semiconductor feild going down the tubes, then aerospace started to take a fall about a year after that, one of the main reasons for the aerospace fall was boeing selling planes to china and what they had to give away for the contracts to china.
when 9-11 hit its shut down everything.
people quit flying and it shut down major machine shops that built parts for aerospace.
years and years ago aerospace went to a knew meathod of parts called "just in time" meaning that instead of ordering 100-200 spare parts for airplanes and stocking them they would make 5-10 extras if that.

Just before 9-11(about 1-2 years) Ge (general electric) started a new program that all suplliers of a certain size must have a plant built in mexico if they wanted to be a supplier.
Boeing implimented this about 8 months before 9-11.

When 9-11 happened all major suppliers completely shut down all parts being made. My main supplier had 99% of there work pull on 9-18 in which they supplied over 80 smaller shops(mine included) all of us smaller shops used other shops for plating, heat treat and material. so they went down the tubes as well. for about 1-2 years after 9-18 you couldnt get a job from any of the major companies. this was because the major companies also have full sized machine shops,(smaller shops just got over flow) to keep the bigger shops going they had to do most machine work in house, some still havent hired all thier people back and some still have some machines sitting at idle.
Its is starting to come back but very slowly.
Arizona is one state that is based mainly on the semi conductor feild and areospace aka manufacturing jobs I would say a good 40-50% is manufacturing in this state.
the semiconductor industry still hasnt come back and the aerospace is just started to comeback.

Delw
 
I agree that we've hurt our economy real bad with this war and I'm gonna be real PO'd if we don't get paid back with oil revenues from the new Iraq gummint. Were told one of the reasons for the war was to assure a stabilized price of oil? Noticed the price of gas lately?

"WASHINGTON - Democrat John Kerry (news - web sites) sought to link the Iraq (news - web sites) war to U.S. economic woes on Wednesday, calling President Bush (news - web sites)'s move against Baghdad a "catastrophic choice" that so far has drained $200 billion in needed resources at home.........."

http://story.news.yahoo.com/news?tmpl=story&u=/ap/20040909/ap_on_el_pr/campaign_rdp&cid=694&ncid=716
 
Ithica,

Take a look at the $$$$ that the refiners and distributors (and the others in the Oil supply chain) and you will see where our gas prices are going (and, coincidentally, where Dubya's campaign contributions are coming from.)

It really wasn't a "War for Oil" as much as it was a "War for Halliburton's bottom line"....
 
OK, I understand that I was wrong. Certainly pulling at least 50 billion dollars out of the economy doesn't have any effect. Pulling out 100 or 200 billion wouldn't have any noticable effect on the rate of recovery either. :rolleyes: Just answer one thing: If the gummint pumped 5 billion dollars into any state in the US in a twelve month period, would anyone in that state notice it or would there be no ripple? :rolleyes:
 
And who do you think is going to have to re-pay this deficit????

So much for the American Dream of your children's standard of living being better than your own.
 

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