Quote:
Originally Posted by Undertoad
So you guys figure al Qaeda is responsible for the economy, and not bad valuation of toxic mortgages causing several major banking failures leading to a credit crunch?
Hint:
-- cost of entire Iraq war: $3 trillion -- and everybody agrees that is far, far too much
-- cost of bank recovery and economic stimulus bills: $1487 trillion -- and many think it is not enough
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I think al qaeda was hoping we would do something stupid, like spending trillions of dollars on a war with a country that did not attack us. If we hadn't had such wreckless policies over the past 8 years, and the housing still manged to crash, we might have been in a much better place to be able to handle it.
And where are you getting the figure $1487 trillion? That number is wrong.