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Politics : WAR on Terror. Will it engulf the Entire Middle East? -- Ignore unavailable to you. Want to Upgrade?


To: Scoobah who wrote (315)11/15/2001 11:01:10 PM
From: Scoobah  Respond to of 32591
 
U.S. Recession Over Before It Began
November 14, 2001

Northern Alliance troops poured into the Afghan capital of Kabul Nov. 13, igniting optimism that the war against the Taliban will end quickly and the U.S. economy can get back to making money. But despite the conventional wisdom that the United States is close to or in a recession, evidence shows that a major recovery is already underway.

Analysis

Since the Sept. 11 attacks, the U.S. media has popularized the notion that the country is in or on the brink of recession. Such hysteria is somewhat understandable, given that the destruction of the world's largest commercial space, the temporary suspension of much of the U.S. transportation network and the evisceration of consumer and business confidence have had a very real economic impact.

But the situation is not nearly as dire as the public has been led to believe. Although many of the most optimistic pundits pegged a U.S. recovery to next year, close scrutiny of the numbers shows the so-called "recession" is over. The economy is already in the midst of a major recovery this quarter, with continued strong growth to occur in 2002.

U.S. gross domestic product contracted only 0.4 percent in the third quarter this year, far less than what many, including STRATFOR, were expecting. When the depth of the terrorist attacks and the relative strength of the GDP figure are compared, it becomes apparent that the United States was well into a robust recovery before the strikes.



To: Scoobah who wrote (315)11/15/2001 11:09:35 PM
From: Machaon  Read Replies (2) | Respond to of 32591
 
<< len grasso wasn't quite there, but he was approaching. >>

I am amazed that there are educated people who support Palestinian terrorism, rather than peaceful coexistance between Israel and the Arabs. They could very easily have peace and prosperity for all there.

Israel is there to stay. It seems like the Arabs aren't going anywhere either.

The Arabs chose constant war and misery over peace. The millions that are being spent on war, could make things so much better for Jews and Arabs. And yet, the Arabs chose racism and religious intolerance, and WAR.

I confront to expose and to understand. There may never be any sense made to the Arab position on Israel. Baring any better answer, I've got to assume it just Arab hatred towards non-Arabs. I would assume that if the Irish, or Italians or English tried to immigrate to Israel, they would get the same deadly welcome.

First bin laden, Al Qaeda and the Taliban. Next targets Iraq, Syria, Lebanon and the Palestinian terrorist groups. They are just as dangerous, to the US, as Al Qaeda.



To: Scoobah who wrote (315)11/16/2001 11:13:13 AM
From: Cage Rattler  Read Replies (1) | Respond to of 32591
 
No restrictions -- to do otherwise makes the wrong statement. Personally, I think the IDF has shown undue restraint.

If someone's comments seem out of line, then the offended party can delete that individual on a one-for-one basis. But it is unwise to stifle debate -- IMHO.

Ted