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Excellent Points The Cost of the Iraq.

Just got this from a guy in the Air Force Reserve.

The costs of war in the U.S.:

1,035 soldiers killed

7,245 soldiers wounded

$152.6 billion for what Congress has

allocated so far

Another $50.0 billion more for each year

the U.S. remains beyond 2004

167,356 Reservists and National Guard

troops on active duty

http://costofwar.com/
 

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You read this far!?



OK. Here it is in simple numbers. The federal debt is a little over 50% of the federal budget, which is about what it has always been way back to the start of supply-side economics (Paul volker, Jimmy Carter). Free-market capitalism thrives on federal debt. The deficit is about 6% of the federal debt, a little on the high side - 4 to 5% is better.

If Bush increases the debt a little more the deficit goes up a bit, if foreign countries don't buy more of our debt, which they own a huge chunk of now. In that case interest rates go up, to keep foreigners buying our debt. The dollar is falling, because of our trade deficit and low interest rates. Bush doesn't care because it will force foreigners to buy our products instead of our debt. That will increase inflation a bit but put more Americans to work. The Federal Reserve board runs the economy - not the president. We live in one big happy world with no one interested in seeing the US fail - they're making too much money off of us. Oil prices will plummet - they're way too high. Opportunities will improve. Motorcycles will improve and get cheaper. Harley's will not change. We will not go to hell in a hand basket.
 

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Correction Math for Red Staters.

At one time it was costing 10 billion a week. Even at 50 billion per year thats almost a $1 billion per week which is 100 times your number of $10 million per week.

Just got this from a guy in the Air Force Reserve.

The costs of war in the U.S.:

1,035 soldiers killed

7,245 soldiers wounded

$152.6 billion for what Congress has

allocated so far

Another $50.0 billion more for each year

the U.S. remains beyond 2004

167,356 Reservists and National Guard

troops on active duty

http://costofwar.com/
 

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Math for Red State Religous Wackos. Stop and Smell the Coffee Bushie.

Just got this from a guy in the Air Force Reserve.

The costs of war in the U.S.:

Actually I was wrong we are spending about $1 billion per week http://costofwar.com/

My rebuttal to our poor misguided Fox Viewer.

1. Our economy is not always in deep shyt. We now are in deep dodo (See Clinton years when we had surpluses)

2. Oil prices will not drop below $30 per bbl because of demand from China, India etc.

3. The price of mideast oil contains two components a financial cost and a political cost.

We make comprimises in our "values" when we prop up regimes (which aren't democracies) like Saudi Arabia. Seems like we have a double standard on the democracy thing eh.

4. The huge budget deficits will make fixing Social Security very difficult (I'll send you the analysis)

5. The American economy used to be the only very free and creative economy. Not so anymore we have competition from India, China,even Russia etc. So stop the ethnocentric BS maladg. We have never faced economic competition from several fronts like this. We also face a trade deficit of 6% of our GDP. Have you read anything from Greenspan or others about the problems with this maladg? Or do you get your sound bites from Rush and Fox.

I can see that you need more educating maladg (W voice) More to come RedStater.... Voodoo Economics mean anything to ya?
 

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Re: A Buell Cruiser? Been there, done that.

Ever heard of the FXR?

Mr. Buell the Engineer has already helped make Harley's better; think rubber iso engine mounts. Plus, who was the magician who hid the shock on the Softail?

Buells rock as is. No Evo twin's gone faster. (RIP Jon Britten).

Now a V-Rod XB, on the other hand...(can you say home equity loan?). ESPECIALLY if it's called the TestosteRod.....
 

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Economics for Dummies You suffer from Red State Simplicity

I think you are suffering from Lafferism i.e. Arthur Laffer.

The Government controls the economy two ways. Monetary and Fiscal Policy. They are both are intertwined and related.

Fiscal Policy is Government Spending and Taxes. The Debt now is far worse? Why cause Baby Boomer are older you dumbshyt. They are retiring and become liabilities not productive assest dork... God you should really read some more and not watch Fox so much
 

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What happens to the economy, tax revenues etc when interest rates rise dummy?

The economy goes into the tank and tax revenues fall putting us into deeper crap. Go to school. Bush caused this by cutting taxes on the Rich during a war which caused the largest deficit in history. As far as oil goes. China and India were not big buyers back in the Reagan days. so much much for that theory. Reaganomics is Vodoo economics. It didn't work then and it won't work now. Clinton's advisors were right when they had him work with a then "fiscally conservative" Republican controlled congress to balance the budget.
 

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"Free-market capitalism thrives on federal debt." Where did you go to school idiot?

Federal debt crowds corporate debt out of the market place. Where else can you get a sure return with no risk. Basic Econ 101 dude. Fiscal policy (Congress and the Executive Branch) and Monetary Policy (Fed Res) run or try to control the economy.. Not one or the other. Go to school and come back to me when you learn something.
 
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