By Diane Francis
Financial Post
Published: Tuesday, March 25, 2008
Last week's fifth anniversary of the Iraq War was overtaken by headlines over the roiling financial markets and the increasingly nasty U.S. presidential primary contest.
But the 4,000th U.S. wartime casualty this weekend marked a grim milestone, and the war is higher on the radar screen than presumptive Republican presidential nominee John McCain or others would like to think. Some 71% of Americans in a national poll believe Iraq and economic problems are linked.
And they are not wrong. Of course, there are also causes such as the subprime scandal, derivatives madness that has led to irresponsible leveraging and raging commodity prices.
But the Iraq war is monstrously expensive and, unlike Vietnam, not stimulative economically speaking ... Read the Entire Article
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