Yemen will be first to fall in attack on Iraq

[hermit22]

And the stock market isn't part of the economy? What are you missing here? Look at unemployment. Every day there are notices of job cuts, but job creation remains at an all time low. Besides that, the level of unemployment is not representative of the whole issue. Household income fell 2.2% in 2001. So people may be working, but they're working crap jobs and not getting paid what they're used to (note the Fortune article that says members of Gen X have already hit their peak income rate). The stock market is on a downward spiral - at this rate, the Dow will be below 7000 by election day. A decreasing stock market naturally leads to a lower level of business investment confidence, and from there, it is a short jump to a decrease in consumer confidence. And then the economy isn't in the shitter; it's flushed down the drain. Even conservative pundits generally don't try to say the economy isn't going bad, they just try to ignore it, avoid it, or change the topic to invading Iraq.

Then again, maybe my understanding of economics is flawed. Maybe my real-life experiences of knowing that 70% of my college graduating class is still unemployed. It's been known to happen before.