Economic Development Futures Journal

Thursday, February 20, 2003

counter statistics

More on the Economic Fall-Out from
a War with Iraq


Top U.S. officials now admit that the threat of a war with Iraq is crippling our nation's economy. No great surprise to those of us outside the Beltway, but now Bush Administration officials are saying it. "U.S. Treasury Secretary John Snow said Thursday that worries about war with Iraq are having a "negative" impact on stock markets and economic activity and made clear he intends to promote President Bush's tax cut package as a needed measure to stimulate growth when he meets with fellow finance ministers and central bank governors over the next two days in Paris."

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