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Iraq & America's Recession
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Wow. I was out of town for a couple days and come back to find Obama taking the lead, with Hillary's campaign manager and deputy manager resigned! McCain has promised no new taxes for his entire campaign, this just as the recession is looming, and the taxes in April will bring in less revenue than in years. The sub-prime mortgage crisis was not just a poor people's phenomenon- this type of behavior, of borrowing far more than one could ever expect to pay off, pervades the highest levels of government!


I have mixed feelings about MoveOn.org, but I really admire their new campaign "Iraq/Recession". They have a nice new email action that allows you to easily and automatically write an op-ed to your local newspaper (they send it, you write it) making the tie between the American recession and the Iraq spending. (A tie that is obvious, but few people actually realize!)


Some interesting facts:

"As of today, we've spent over $495 billion in Iraq.1 With the economy in the tank, think about what that money could do here at home: Cover millions of kids who don't have insurance, or help folks who're losing their jobs and homes.

Instead, it's supporting a failed occupation in Iraq.

More and more Americans are making the connection between the billions we've spent over there and the crumbling economy here at home. In fact, a new AP poll shows that most Americans think ending the war is the best way to help the economy.2 But pundits still talk about the war and the economy as two unrelated things.

* The recession is going to force states to cut back their budgets. Most likely, the cuts are going to affect the services that working families need and depend on.3
* Meanwhile, the war is costing Americans more than $338 million a day. 4 That money could be spent to help out the folks who're hurting most now. For less than what we're spending on the war, we could pay for affordable housing for hundreds of thousands of families, health care for children, or scholarships to help folks pay for education. 5
* Gas prices are close to double what they were before the war began. The cost of oil is still hovering around $100 barrel. 6
* We're borrowing $343 million every day to finance the war in Iraq. 7 Our skyrocketing debt will be a bigger and bigger drag on the economy—slowing recovery and burdening future generations.


Write an Op-Ed

If thousands of us write, we can get the media to stop ignoring the connection between the war and the recession. The opinion pages are the most widely read pages in the newspaper, so we can also make sure voters—who are growing increasingly concerned about the economy—know that any candidate who wants to stay in Iraq has no plan for the economy."


February 19, 2008 | 1:01 PM Comments  0 comments

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