“NEW YORK – Wall Street dove sharply lower Thursday, sending the Dow Jones industrials down over 300 points as retailers and the Labor Department added to the mountain of dismal economic news that has all but dashed investors’ hopes for a late-year recovery.” (Read more from news.yahoo.com)
Cost of war? Iraq alone has long-since surpassed a half-trillion. Total long-term cost (like veterans’ benefits) is usually estimated in the trillions. Trillions with a ‘T’.
Cost of government? One out of seven people in America’s labor force (about 22 million out of 150 million) works directly for the federal government. If tax payers weren’t bilked for 22 million government salaries, we’d have more money to spend on retail stuff.