War in Iraq

Here is a big shocker i was doing some more research for my project and i found a passage that said that the war in iraq is effecting the American economy. I know what your thinking that we spend all our money on weapons and bombs but according to this article its different they say that we better be careful on what we do to Iraq because they can jack up oil prices even more then they are now. If we plan a huge attack on Iraq they are just going to turn around and raise the price of oil. When this happened during the Persian gulf war the economy went into one of the biggest recessions ever.[Newsweek] That war also cost US and it allies 60 billion which our allies picked up 80% of that bill and it still had a huge effect.[Newsweek]

Now I researched the second part of my question which is how to improve the economy. I went to Google and the first link was titled congress is trying to find a plan to stimulate the economy. I clicked on it and it wasn't an article it was more like a report that someone wrote and posted online. It said that congress was sending out the economic stimulus checks and that the IRS is trying to get them out by June. The plan will give 4300 to people working but paying no taxes and up to $1,400 to those working families that pay tax and more to those with children. Congress is also discussing lowering taxes for business through incentives for purchasing equipment and other items. The next link i clicked on was a yahoo blog one person asked how to save the US economy and almost every response he got back was related to the decrease of the American dollar one man even said to buy American products, stack up on can goods, and start a garden just in case. Another response said that we need a sound money policy and that the government has done a good job in the past because we were dominating the technology and industrial market but that is changing now so the economy is falling apart