The Journal (J) keeps avoiding the amazing cost of the war which we are adding it to the astounding debt that our children have to deal with.
The fiscal cost of the war, estimated to be at $2 TRILLION by Nobel Prize winning economist, Joseph Stiglitz, is a major factor in the impending fiscal disaster facing this country.
We are cutting back on prevention and enforcement even as crime hits record increases. We cannot afford proper care for our 82,000+ maimed Iraq war veterans. We are cutting programs to schools and infrastructure.
We are the only nation in the industrial world that does not provide health care for its citizens.
The value of the dollar is plummeting, reaching record lows. China and the oil countries are getting very nervous about the US paying its debts in dollars, of which they have trillions, while we pursue policies that reduce the value of these dollar holdings.
We are walking a tightrope of economic and social disaster, but reading the front section of the J will not tell get you the story.
THEREFORE, when slogging through the J’s daily promotion of the Iraq war and ceaseless front page promotion of fluff stories, take note of what important stories the J is NOT telling.
Thursday, October 11, 2007
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