Friday, December 17, 2010

The cost of terrorist affiliated actions: (Iraq war) and its affects on the US economy.

What affects do terrorist actions have on the US economy?

      Each second the tax dollars of millions of US citizens go towards aiding the war in Iraq. The money that can be spent for schools, medical aid, and paying off the countries debts is being used to continue and unneeded war. For those of us who don't pay taxes, we don't understand the hard work that goes into making each cent in this tough economy. Watching the millions of dollars go to somewhat of a waste not only injures our pickets as individuals, but also as a whole country.
~ Each second $8,333 dollars are spent of the war in Iraq.
~ In one minute $500,000 dollars is all gone.
~ 34 schools can be built and all the teachers can be paid for in five minutes (in dollars).
The way for an economy to thrive is that the people make money, and in turn spend it  so it will go back into the circulation. And this cycle is how we avoid debt, both as individuals and as a country. When factors such as war come into play, it takes away from that "perfect" circulation, it allows room for faults. Aside from the reasons we entered this war, just by looking at it through the economists standpoint we are able to see how it is already wrong. How we are not in danger in anyway, if we do in fact decide to pull the troops out. That its self is another "choice" we have to make as a country. The opportunistic cost would be maybe be we would not have as much control over Iraq and the way they run their country. The plus side is that we will have troops home and even more importantly the money spent on the war can be channeled into schools, to help education the future generation and keep them out of trouble. It can also be put into paying off the country's great debt, that is now in the trillions of dollars. It can also be put into the economy its self, more investments so the slump we are in now will decrease. Over all the affects of the war have cost the US greatly and it would be more important to use that money to already fix the crack we have in our economy.

http://www.commondreams.org/headline/2010/09/05-0

What can we do to prevent terrorist attacks? is it the United states's fault for wanting to control other countries that put us in the position of being attacked in the first place?

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