LETTER: Economy will be hit hard by new war
Dear Editor,
While we go about our poor, starving student lives here at Utah State University, it is easy to ignore the financial impact of President Bush’s war on terrorism. With our battleships making top speed for the Middle East, I foresee some hard days ahead at the gasoline pumps.
In addition, while I don’t know many students with 401K’s, you’d have to live in a cave not to know about the damage done to the stock market. How does this impact us as students?
The job market, like many other things, now seems uncertain. Military spending may have unforeseen affects on government programs like PELL grants. At the very least, we can count on increases in the price of gasoline and a great deal of financial uncertainty. What’s the remedy? Keep the student loans and credit cards to a minimum, because the future is too uncertain to be buried under student debt.
Kathleane Kaczor