OpEdNews Op Eds

The US Economy and the Costs of War

By       Message Dave Lindorff     Permalink
      (Page 2 of 2 pages)
Related Topic(s): ; ; ; , Add Tags Add to My Group(s)

View Ratings | Rate It

opednews.com

Author 63
Become a Fan
  (70 fans)
- Advertisement -
This is an intangible thing, but I think it’s a good bet that many Americans are putting off investments, whether in a new house or a new car, or even in a new business venture, because of fears of a wider war in the Middle East, or of an economic collapse here at home, or because of another jump in oil prices. Many people may not even be aware that they are making such calculations, and yet they are.

In short, Baily is wrong. The Iraq War is certainly having a profound negative effect on the US economy, in both short, and in long-term ways.

The worst of these effects will show up when, a decade or more hence, as the oceans are rising, coastal cities are being devastated by storm surges, and croplands are being parched, we will look back at the lost opportunities to act decisively on climate change that were squandered by an administration obsessed with making war on a group of Third World nations, and with grabbing control of a resource—oil--that it should have been working hard to replace altogether as an energy source.
______________
DAVE LINDORFF is a Philadelphia-based journalist and columnist. His latest book is “The Case for Impeachment” (St. Martin’s Press, 2006, and now available in paperback edition). His work is available at www.thiscantbehappening.net
- Advertisement -
- Advertisement -

Next Page  1  |  2

 

- Advertisement -

View Ratings | Rate It

Dave Lindorff is a founding member of the collectively-owned, journalist-run online newspaper www.thiscantbehappening.net. He is a columnist for Counterpunch, is author of several recent books ("This Can't Be Happening! Resisting the (more...)
 

Share on Google Plus Submit to Twitter Add this Page to Facebook! Share on LinkedIn Pin It! Add this Page to Fark! Submit to Reddit Submit to Stumble Upon


Go To Commenting

The views expressed in this article are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.

Writers Guidelines

Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
Related Topic(s): ; ; ; , Add Tags
- Advertisement -

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

Israel's Gaza Atrocities Recall America's Atrocities in Vietnam

Supreme Court Junket King Scalia Dies While Vacationing with Wealthy Patrons at Private West Texas Getaway

Something's happening here: Clinton's Crumbling, Bernie's Surging and a 'Political Revolution' May Be in the Offing

The Case for Impeachment of President Barack Obama

Barack Obama: Manchurian Candidate Version 2.0

Free John Walker Lindh, Bush's and Cheney's First Torture Victim!