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re: U.S. unemployment rate drops to 7 year low.
Posted on 5/11/15 at 9:06 am to 5thTiger
Posted on 5/11/15 at 9:06 am to 5thTiger
quote:
To put it all in perspective, the Iraq War, combined with tax cuts, put us in a vertical nosedive. Without the bailout, we would have gone into a Great Depression. Period. While the numbers do not exactly line up, the economy is light years better than it was in 2008. While it may not be on the rise as quickly as some would hope, we did pull out of a nosedive destined for death. Relativity yo!
1
Posted on 5/11/15 at 9:13 am to 3nOut
I have a masters in economics. I know what I am talking about.
*Quick clarificaiton- Referring to the Iraq war in the sense that there was no "goal." "Terrorism" is an enemy that will never be defeated. Public opinion also included. Most wars are economic drivers, but too long, and they become a burden.
*Quick clarificaiton- Referring to the Iraq war in the sense that there was no "goal." "Terrorism" is an enemy that will never be defeated. Public opinion also included. Most wars are economic drivers, but too long, and they become a burden.
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