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Forum nameOkay Activist Archives
Topic subjectRE: the problem is
Topic URLhttp://board.okayplayer.com/okp.php?az=show_topic&forum=22&topic_id=5633&mesg_id=5679
5679, RE: the problem is
Posted by foxnesn, Wed Mar-19-03 05:17 AM
thanks for the discussion!

>i agree. i'm against this, yeah, but i hesitate to say there
>is "one" issue. there are many.

yea defin many issues.

>not like we used to. and even though we have plants and
>factories and such, but it's more likely that we will create
>something, then sell it off to the highest bidder. we might
>make it here, give a few people jobs, but a company would
>much rather have it made overseas & not have to pay the
>workers much. and the factories we DO have close down daily.

true, but those factories overseas are still owned by US corporations.

>my clothes, shoes, car (chrysler is no longer an american
>car), screwdriver, none of that is made in america anymore.
>those were the kinds of jobs people used to have that
>bolstered the economy.

right, but times have changed and the job market has changed with it. think of 1999-2000 and the tech boom.

>that's true, but people are not only seeing this this "war"
>from an economic standpoint. the world is looking at us now
>and the world is afraid. those millions in the streets in
>europe...
>what kind of politicians will they elect from here on out?
>
>what kinds of financial institutions and policies will they
>set up?
>
>who else will we have alienated by the time this war is
>over?

i would say those are all economic questions because everything that happens effects the economy.

>if the white house had any farsight, they'd be thinking
>about these kinds of questions. in the long run, i'm worried
>about the world banding together to take us out.

i dont know if it would ever come to that. if they did it would have to be by physical force, not economic.

>>also, did you know that only 2 percent of the US GDP is
>>spent on petroleum?
>
>ok, but does it matter what we spend if what we're trying to
>buy it with has little/no value? i admit to not knowing much
>about finance and all that...but what i've read so far isn't
>too promising...this economy seems to be in trouble no
>matter what

the economy will rebound if the war is short. investors are waiting to see what happens. uncertainty may be the bain of the market but at the sametime a lot of money is made. >