Sunday, January 27, 2008

It's Still All One Checkbook

The lead AP report on today’s South Carolina Democratic primary includes the following assessment near the end of the article:

“The exit polls showed the economy was the most important issue in the race. About one quarter picked health care. And only one in five said it was the war in Iraq, underscoring the extent to which the once-dominant issue has faded in the face of financial concerns.”

This observation makes me wonder how many folks in the primary voting public make a connection between the faltering domestic economy and the fact that the Bushites have squandered 489 billion dollars in Iraq? How does even the biggest economy in the world expect to have 489 billion dollars sucked out of it, receiving nothing in return, and NOT have it yield a very negative economic effect? I’m not an economist, but the connection seems apparent to me.