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By straycat74 on 6/2/2008 9:05:25 AM , Rating: 4
Can you actually spend the time to find out why the cuts were made, instead of blaming the war and Bad economy (A.K.A. Bush)?

How about too much social programs or welfare?

Just print and throw a dart at this, but them you might not hit the big bad military.

Let's try to educate when we report, too much B.S. out there. And the economy may not be great, but we have still had positive growth even though most news organizations have been saying the sky is falling since before Christmas in hopes to scare people into a worse economy.

RE: Facts?
By Ringold on 6/2/2008 3:52:59 PM , Rating: 2
I'm glad I'm not the only one at DT that noticed the practical 50% upward revision in Q1 GDP!

As far as "economic crisis", if this had been a recession we should be shedding 250-300k jobs a month, not practically flat numbers. That 5.0% was just a handful of workers short of being rounded down to 4.9% instead of 5.0% anyway; that we are shedding a small number of jobs while seeing shrinking unemployment suggests that what many have been saying for a while has been true; we were at full employment, and now the least-productive employees are getting booted out of the labor force. Those employees are people that don't need to be in the workforce anyway, as their low productivity is inflationary.

Regardless, I don't see why people even bring up the economy and Iraq. It's a false dilemma. The government funds many things simultaneously; it's not a zero-sum game. We went to the Moon while paying for Vietnam. We can fund anything we want to pay for. Iraq is tiny compared to the total vast size of the federal budget, and it's also short-term, as opposed to most government programs which are essentially immortal.


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