The economy is bad. People are worried. There's plenty of news from back home. The various networks of news are always on in the chow hall. Most humorous but also sad are the pointless "Obamameters," the Nancy Grace/Bill O'Reilly/Rush Limbaugh (and now even John Stewart of the Daily Show has apparently gone serious?) arguments and other various hyperbole that serves no one as far as I can tell. By word-of-mouth, news of relatives and loved ones getting laid off or having items repossessed is common as well. But for what it's worth I've noticed a huge influx/increase of American made products put to use in the hands of Iraqi Police since I've been here (arrived June '08.)
How exactly and through what contracts and tax dollars these vehicles and tools have been acquired I don't know. The surplus finding an outlet is a good thing, as long as the economy benefits, rather than suffers from an unredeemed handout, and only corporations pocket the profit.
Some financial institutions say the markets haven't been this bad since the depression, but that's also become an over used expression. What will happen next and how things will be fixed is a more worthy speculation. The sustained uncertainty defines any and all conjecture by the media experts as speculation at this point. Nobody ever really knows whats gonna happen about anything anyway, do they?
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