Posted on 08/31/2010 5:33:58 PM PDT by blueyon
As President Obama prepares to tie a bow on U.S. combat operations in Iraq, Congressional Budget Office numbers show that the total cost of the eight-year war was less than the stimulus bill passed by the Democratic-led Congress in 2009.
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.
(Excerpt) Read more at foxnews.com ...
CBO,,,Please, The CBO is about equal to an infomercial at 3am in the morning. You too can make a million in real estate with no money down.
...we’re going to have to start doing a body count, too.
BO’s worthless “stimulus” cost taxpayers $150 Billion more than the Iraq war and accomplished absolutely nothing. Iraq will get far more out of Pres.Bush’s investment in their freedom than the US got out of BO’s phony “shovel ready” projects.
One year under the Obama stimulus has left behind a devastated economy.
So we conclude that democrats throw money away about eight times faster than republicans.
The$700 billion bank bailout in Oct ‘08 had no impact on the deficit??
Here’s you answer to your bail out comment.
“... Congress only authorized $350 billion to be lent out in 2008. The other $350 billion was saved for the new President when he took office in 2009. Obama never used the TARP funds. Instead, he launched the $787 billion Economic Stimulus package.”
Information at this link
http://useconomy.about.com/od/criticalssues/a/govt_bailout.htm
Going to tell this to my Liberaltarian brothers
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