Thread: The Obama Boom.
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Old 08-23-2010, 09:07 AM   #422
dude1394
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How interesting..



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.)
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Last edited by dude1394; 08-23-2010 at 09:20 AM.
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