Author Topic: The Iraq war that broke us (not)  (Read 877 times)

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Offline Madam Firecracker

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The Iraq war that broke us (not)
« on: August 29, 2010, 04:43:57 PM »
http://www.americanthinker.com/2010/08/iraq_the_war_that_broke_us_not.html

Read the whole thing. Here is a snippet -

Quote
So the following are facts, based on the government's own figures.


•Obama's stimulus, passed in his first month in office, will cost more than the entire Iraq War -- more than $100 billion (15%) more.
•Just the first two years of Obama's stimulus cost more than the entire cost of the Iraq War under President Bush, or six years of that war.
•Iraq War spending accounted for just 3.2% of all federal spending while it lasted.
•Iraq War spending was not even one quarter of what we spent on Medicare in the same time frame.
•Iraq War spending was not even 15% of the total deficit spending in that time frame. The cumulative deficit, 2003-2010, would have been four-point-something trillion dollars with or without the Iraq War.
•The Iraq War accounts for less than 8% of the federal debt held by the public at the end of 2010 ($9.031 trillion).
•During Bush's Iraq years, 2003-2008, the federal government spent more on education that it did on the Iraq War. (State and local governments spent about ten times more.)
I've written elsewhere that the Iraq War was totally justified and even executed reasonably well. But even if you believe otherwise, there is no reasonable case that can be made to say it caused grave economic woes then or now.


Not only do the critics of the Iraq War make 300% errors in their numbers, but they also contradict themselves with abandon.

Offline true_blood

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Re: The Iraq war that broke us (not)
« Reply #1 on: August 31, 2010, 07:34:27 PM »
Stimulus package = FAIL!!  :bird:

Offline Gumby

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Re: The Iraq war that broke us (not)
« Reply #2 on: September 02, 2010, 01:32:19 PM »
Two wrongs don't make a right. Both parties have overseen the country's decline.
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Offline true_blood

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Re: The Iraq war that broke us (not)
« Reply #3 on: September 05, 2010, 12:00:30 PM »
Two wrongs don't make a right. Both parties have overseen the country's decline.

Very true! :hi5: