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tho that's a biggie.
I was looking at recent articles about the economy and related issues.
other contractors complaining b/c Halliburton is getting all the spoils, oh, I mean contracts, from the invasion.
productivity is up, which means the people doing the actual work are working harder...the ones who have jobs, that is. this means more profits for corporations.
will that translate into more jobs? so far America is still hemmoraghing jobs. is this situation like the tax cuts? the talk is that this situation will benefit everyone, while it's really the top 10% of the economic sector who benefits?
during the 90s, even though all boats were rising, the inequity between the richest 10% and the rest of us widened and widened. This was before the Bush gang got in and started their wide-scale looting as economic policy.
Gas prices are going up...closer to two dollars than one dollar a gallon, during vacation season in the U.S. (avg 1.54 now and expected to climb)
this is because of the Bush gang believed their own propaganda and thought Iraq would be sending us oil by now. if they had listened to the military and the CIA and Ambassadors in the region, they would have heard that their assessments were overblown.
so, another consequence of the war is higher gas prices. this, of course, benefits the Bush gang, too.
hmmmmm...so, their interests are continually served and enhanced by their policies, Halliburton, the oil industry, the widening gap between the filthy rich and the rest of us...
while the rest of us wonder if IT jobs will be lost to India, on top of the reality that Bush has the worst job creation record since Hoover, and the worst economic policies and results in twenty years.
how many people have stopped looking for jobs and so are not being counted among the unemployed? how many people have taken jobs which pay much less than their former positions, since something is better than nothing?
deficits will drive up interest rates for people, affecting the housing market, other large-item expenses... how will we pay for the huge deficit to finance the occupation of Iraq? what burdens are Bush's policies placing on our children?
will the housing bubble burst? how many people have ARMs? How many people have maxed out their home equity? how many people have credit cards with adjustable rates?
don't believe me about this economic stuff. check out the NYTimes biz section. click on the "recession and depression" topic and read the abstracts from articles over the last year, over the last couple of days...
newsday asks if the economy is broken, not simply hurting.
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