Esoteric Dissertations from a One-Track Mind

April 29, 2008

DNC’s Ad Attacking McCain

Filed under: economy, politics — Tags: , — codesmithy @ 8:15 am

The Democratic National Committee has a new ad attacking McCain’s stance on Iraq.

It is tough to say what grounds the RNC is crying foul on, maybe that staying in Iraq is only fine with him if only American causalities are acceptable.  However, historical evidence seems to indicate if things are going well, that means the strategy is working and we should stay the course.  If things get worse, then leaving will embolden the enemy.  It is a “heads I win, tails you lose” scenario.

The neo-conservative goal, which McCain has whole-hearted adopted, is to setup a pliable client-state in the heart of the Middle East.  There is no exit strategy.  The plan is to stay.  Iraq is indicative of imperial overreach that will end American prosperity.  Countless economists will be brought out to dissuade us commoners from believing that the state of the economy has anything to do with the war in Iraq.  There is no connection, or they can’t understand the connection.  They’ll argue, historically, wars have been good for the economy.

So where is the missing link?  The problem of course is that the “war analysis” is at best superficial.  War improve economies by improving the need for domestic goods, normally bombs and other munitions.  These facilities are then repurposed after the war ends for exportable goods.  This can lead to a great deal of prosperity, but the key to a good war economy is a concerted effort to invest in infrastructure.

The Iraq war is coming at the expense of infrastructure.  It is not an exaggeration to say that billions of dollars just literally disappear.  When you combine this with tax-cuts that feed a consumer class based on debt, what do you get?  That is right, inflation, lot’s of inflation.  Inflation is where we are at folks and it ain’t going away anytime soon.  We live in a borrowed prosperity.

So, when picking your next president, think of it terms of picking an interest rate that you’ll need to pay back.  The money is already borrowed, it just about how much we throw down the hole to chase it.  McCain’s interest rate is insanely high, Obama’s and Clinton’s are pretty low, although there is a one in ten chance that Hillary loses it and bombs Iran.  Although, to be fair with McCain it is virtually guaranteed America will attack Iran.  If you think the next president won’t make any difference, maybe that $4.00 you pay per gallon at the pump will make you reconsider your position.

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