Bush Dismisses Iraq Recession: The War Has ‘Nothing To Do With The Economy’

[babylonsister]

http://thinkprogress.org/2008/02/18/bush-iraq-economy/

Bush Dismisses Iraq Recession: The War Has ‘Nothing To Do With The Economy’

This morning on NBC’s Today Show, President Bush denied that the there’s any link between the faltering U.S. economy and $10 billion a month being spent on the Iraq war. In fact, according to Bush, the war is actually helping the economy:

CURRY: You don’t agree with that? It has nothing do with the economy, the war — spending on the war?

BUSH: I don’t think so. I think actually the spending in the war might help with jobs…because we’re buying equipment, and people are working:grr:. I think this economy is down because we built too many houses and the economy’s adjusting.

Watch it/read transcript at link~

The Iraq war has created jobs — for the administration’s defense contractor allies. Bush’s most recent budget is a windfall for contractors, and between 2000 and 2005, procurement was the “fastest growing component of federal discretionary spending.” (Halliburton has been the biggest beneficiary of the administration’s generosity.)

Five years after the U.S. invasion of Iraq, however, national unemployment is going up. Between December 2006 and December 2007, the national unemployment rate increased by 13.6 percent in seasonally adjusted terms, from 4.4 to 5.0 percent. Additionally, 68 percent of the American public believes that redeployment from Iraq would help fix the country’s economic woes.

[fascisthunter]

1. America Should Sue the Bush and Cheney Family of Everything They Have

and own.

[NC_Nurse]

2. What a delusional prick he is.

[Angela Shelley]

3. You have to see it to believe it!

[NJCher]

10. Oh, I did...

I saw the whole nauseasting spectacle. He appeared so vacant, so stupid, so entirely devoid of any intelligence, though, that the statement was more laughable than outrageous. In other words, nothing this dumb f%(* could possibly say can be taken seriously.

What outraged me more was when he tried to enumerate the "burdens" he bears of all the our young men and women he's killed over there. It didn't come out as credible, in fact, he could barely muster a complete sentence.

I can't wait until we're rid of this idiot.



Cher

[Ganja Ninja]

4. So tripling the price of a barrel of oil has nothing to do with ...

wrecking the American economy.

[MikeNearMcChord]

5. I predict in future GOP conventions

George W. Bush pictures will be as rare as Herbert Hoover's. As a matter of fact they will revise history and say Shrub was not a real republican but some imposter who got in, they don't know.

[tblue37]

17. They will follow Fox News' modus operendi and

label him a Democrat, just as they do with Mark Foley, Larry Craig, and any other Republican that they are embarrassed about.

[Olney Blue]

6. This should make grieving Iraqi families feel much better.

[dmosh42]

7. They go to the dumbest f----er in the country for opinion? n/t

[Cerridwen]

8. Not only is this guy living is some warped reality,

the reality he's in isn't on this planet or anywhere near this dimension in time and space.

No wonder he looks so weird and has so many bruises; I've read dimensional travel is dangerous to living things.

Oy.

[Hepburn]

9. Yep, Dubya really is dumber than shit!

5th rec...:hi:

[coco77]

11. Wasn't there a time when he was...

bragging about new houses being built and new home ownership?

[Warpy]

12. The military industrial complex is highly mechanized

and provides relatively few jobs. It's a black hole that sucks up money in a far greater proportion than its size would suggest.

Most people are employed by small business. If Stupid cared about JOBS, that's where he'd start.

But he doesn't. We knew that, didn't we?

[Ichingcarpenter]

13. Who is buying this shit these days or from anytime in history?

One of the reasons for French Revolution
was caused by the debt for foreign wars
and the bad economy that resulted from it.

[LSK]

14. wasnt this asshole talking about the "ownership society" a few years ago????

:grr:

[acmavm]

15. He knows better, he's a scheming liar who's crazy enough to

think he can divert the blame for the catastrophic clusterfuck this country has become. So he lies.

[fed-up]

16. PEOPLE are DYING, getting maimed-only *'s buddies have the HIGH paying jobs nt

[Patchuli]

18. He is an embarassment

to this country, his own party, his own butt-ugly mother. How in the hell did his party think it was a good idea to 'install' this lame court jester?! I bet this disasterous pResidency will keep the GOP out of the WH for a lonnnnnnnnnnnnng lonnnnnnnnnnnng time...

[flashl]

19. Yeah right, 'the spending in the war might help with jobs' ...

there has been numerous reports of the importing of slave labor into Iraq while Iraqis languish with HIGH unemployment.