Quote Originally Posted by basschick
...this is the only war in that i can find that the u.s. was involved with where our economy took a downward turn. usually all those juicy DOD contracts make our economy boom in war. but Halliburton has enough money so that they don't need to spend what they are being paid - so our economy stagnates
It's important to remember Basschick that Halliburton has 143 subsidiaries around the world. Of those, only 36 are registered U.S. corporations.. that's 25% So 75% of Halliburton is overseas.

So.... if Halliburton gets a $1 billion contract, you can expect that $750 million of that will go to overseas operations. Since only 36 of it's subsidiaries are U.S. based, they have a lot of overhead around the world, they have 25 offices here just in Australia.. that's a lot of people, real estate etc.

Bush is dumping billions to a company that is 75% based on foreign land. Odd don't you think? Sounds like a valid reason our economy isn't shining during war eh?