In trying to blast Obama and the economy, conservative pundits keep on evoking that we are in a peacetime economy. Seriously? With all troops scheduled to be removed from Iraq by the end of 2011 and Afghan troop removal to begin in the middle of next year, I am quite surprised by the Conservative declaration that we are in a peacetime economy. Let’s go to the quotes.
The Wall Street Journal writes:
Meanwhile, corporate earnings have been saved by governments running up the biggest peacetime deficits in their history and by historically low official interest rates.
The Weekly Standard writes:
The year saw what must be the most rapid peace-time deterioration in the nation’s financial position.
Why have Conservative pundits forgotten our troops? They just must hate them.