Quote:
Originally Posted by Angry
Points taken. I understand that a President can lay out policies that can impact the country many years down the line. With that same frame of thought is it too farfetched to believe that somebody like Obama in office could better counter act the impact that "dumbass" had on the economy (primarily because of Iraq)?
Here is my point of view. The president sent out a stimulus check in an effort to boost the economy. Most, not all, thought that it was a pretty good idea. Even Obama was talking about doing something similar if he got into office.
Right now we have hundreds of thousands of Troops in Iraq that getting paid Separation pay and hazardous duty pay in conjunction with their base pay. On top of that, none of them are paying taxes while they are in the Combat zone. I am not hating because they do deserve this while they are there.
When these guys get back they usually have some extra cash to stimulate the economy with themselves. The problem is that they haven't been spending in the U.S. for an entire year, nor have they been paying taxes. In essence we have been forking out more money than necessary to finance something that is a heavier burden on the economy. I am not even going to go into detail about the .5 mil life insurance policies that each of the deceased families' collect.
We need to bring most of our Troops back and put some spenders and tax payers back on American soil. While both candidates say that they believe that we should start downsizing in Iraq. I belive that Obama has a bit more sense of urgency about it.
In no way am I saying that this by itself will fix our economy, but it will help.
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The small amount of spending power our troops over in Iraq have will not help the US economy. It does have an effect on smaller areas like Norfolk Va. which feel the impact everytime a ship leaves port.