IRAQ VS. STIMULUS .. WHICH COST US MORE?

from Nealz Nuze (Neal Boortz)

 

Here are some facts that you can throw at your liberal friends every time you seek to talk about government spending, and all they can come up with is "Well the Iraq war cost us .......". Randall Hoven of the American Thinker has a few facts to chew on:

• 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.)

While you are at it, why don't you take a look at this report from the Wall Street Journal on how much our spending baseline has increased in 31 months ... $4.4 trillion.
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HAPPY "DEPENDENCE DAY!"

"The American Republic will endure until the day Congress discovers that it can bribe the public with the public's money."
                   -----------Alexis de Tocqueville, author of Democracy in America

And that is exactly what our Liar-in-Chief is doing to us with his Stimulus Bill, TARP, Cap & Trade Plan, etc.  Did you realize that only about 45% of the "emergency" stimulus fund has been spent?  The rest will be used to help Dems in their re-election campaigns.  THAT'S RIGHT...OUR MONEY!
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Ever wonder who wrote the Stimulus Bill?

Evidence is now surfacing it was the Apollo Alliance, a green jobs caldron of ideas dedicated to saving the Earth and punishing those who are unfriendly to the environment. If you look at their board they are mostly leftist and some really radical leftist like former member Van Jones, the now defrocked green jobs czar who was a self-avowed communist and community organizer in Oakland, CA. Other former members include ACORN’s founder, Wade Rathke and current member Gerald Hudson, vice president of the Service Employees International Union.

It is not new for legislation to be written by political action committees or special interest groups, but what does an activist, leftist green group know about getting our economy started again? The last time I checked, these serious greenies and for sure many of Apollo’s former board members are anti capitalism and free-enterprise, but according to Phil Kerpen of Americans for Prosperity the Apollo Alliance drafted a stimulus bill in 2008 that included most ingredients of the final $787 billion bill.

The Apollo Alliance is mostly a shell corporation, and as its name indicates, is an alliance of environmentally centered organizations, union flunkies for the left like the Union Service Employees International who turn out carrying signs for Obama’s health care rallies. Others like John Podesta, CEO of the Center for American Progress and former Clinton Chief of Staff, lend their political savvy of progressive policy to the group who has caught an angle on how to snare a large portion of the stimulus money for creating and funding green industries. If they are successful, it will amount to government funded businesses which are becoming a new paradigm, replacing entrepreneurship where individuals invested their own capital and worked hard to make sure they didn’t lose it.

IT'S A GOOD THING OBAMA PASSED THAT STIMULUS BILL...or else where would we be?

WASHINGTON (AP) — The unemployment rate jumped almost half a point to 9.7 percent in August, the highest since 1983, reflecting a poor job market that will make it hard for the economy to begin a sustained recovery.

"It's good to see the rate of job losses slow down," said Nigel Gault, chief U.S. economist at IHS Global Insight. But "we're still on track here to hit 10 percent (unemployment) before we're done."

As long as Americans remain anxious about their jobs, consumer spending isn't expected to rise enough to power a rebound from the recession.

Analysts expect businesses will be reluctant to hire until they are convinced the economy is on a firm path to recovery. Many private economists, and the Federal Reserve, expect the unemployment rate to top 10 percent by the end of this year.