Is pulling out of iraq going to help our economy?

Question

basically stop the us from looking like mad max? im kinda nervous about the way things are going right now.

Answer 1

Yes.

The war costs a lot of money everyday and we don't get that money back.

We could use all the money we spend on the war to help our own country and fix our own problems and when we fix our own problems now we can help other countries fix their own problems not fix the problems for them.

Answer 2

Iraq=resource wasting project. If it is discontinued, basically $12 billion/month will not be wasted in the future.

Answer 3

No.

The way to help our economy is to disengage entirely from the oil oligarchy, tighten the energy belt and embrace alternative energy solutions no matter how wacky they might be.

Answer 4

You should be, "borrow and spend" is very poor national fiscal policy and sooner or later was going to destroy the dollar and thus the economy.

As for your question, it would help some, at least we wouldn't be pouring billions of dollars a month into the sand. However, even if we pull out today it's too little too late to make much difference. For two reasons:

1. The nearly trillion dollars in cold hard cash that has already been spent. While in some senses it's not a huge amount of money, there were FAR better things it could have been spent on. A trillion dollars would have gone a long ways toward fixing our own country's crumbling infrastructure, providing health care, or education. Economically these are called opportunity costs, basically because they were lost opportunities. This money is gone, we have nothing to show for it, and we aren't going to get it back.

2 Even worse, if we pull out tomorrow the war is still going to cost AT LEAST another trillion dollars in repairing/replacing vast amounts of worn out equipment and providing health care to veterans for decades to come.

It's probably more accurate to say that while pulling out of Iraq isn't going to help the economy very much, every day we stay in Iraq does ever more damage to the current and future economy.

Answer 5

When we begin the slow with drawl from Iraq then we be will spending less on the war.  The money from with drawl from Iraq will help bolster our economy and the citizens of the United States.   We could use this money to help the citizens who are having a hard time. This a very complex problem. Its questions become more dire at the days progress.

Answer 6

Not if our pulling out too soon leads to a stronger al-Qaeda presense and a further eroding and destabalization of the region in the Middle East.

Those events would lead us back there, or have terrorists engaging here. Both bad for the economy.

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