“According to CBO numbers in its Budget and Economic Outlook published this month, the cost of Operation Iraqi Freedom was 709 billion for military and related activities, including training of Iraqi forces and diplomatic operations.The projected cost of the stimulus, which passed in February 2009, and is expected to have a shelf life of two years, was 862 billion. The U.S. deficit for fiscal year 2010 is expected to be $1.3 trillion, according to CBO. via FOXNews.com – CBO: Eight Years of Iraq War Cost Less Than Stimulus Act.”
Does Obama get it? Does he really believe that we can spend our way out of this?
Stop the spending and big-government bailout programs. Create tax incentives and get out of the way for business entrepreneurship and innovation.
- Iraq War Spending in Perspective (dakotavoice.com)
- What seven years of war in Iraq has done to American society. (slate.com)
- The Costs of War (economix.blogs.nytimes.com)
- Misleading talking points (thehill.com)
- It Would Take A $4.5 TRILLION Stimulus To Make Paul Krugman Happy (businessinsider.com)
- Iraq War Cost Reality Check (newsflavor.com)
- “Stimulus” More Expensive than Iraq War? (gaypatriot.net)
- UPDATE 3-Stimulus added millions of U.S. jobs in Q2 – CBO (reuters.com)
- Obama in plea for business bill (bbc.co.uk)
- Culture of dependency: Record number on government dole; Obama to push for more (michellemalkin.com)