Stimulus Cost More Than Iraq War

[pspr]

The numbers are in. According to the CBO the amount being spent in the worthless stimulus bill is more than that spent for the entire Iraq war.

http://www.washingtonexaminer.com/o...am-cost-more-than-the-Iraq-war-101302919.html

 

[5yrtrader]

So do you think its a good idea to spend hundreds of billions of dollars destroying and rebuilding other countries, or do you think we should spend that money building up our own infrastructure?

5yr

 

[pspr]

Quote from 5yrtrader:

So do you think its a good idea to spend hundreds of billions of dollars destroying and rebuilding other countries, or do you think we should spend that money building up our own infrastructure?

5yr

You know, the wisdom of invading Iraq can be debated all day long. I'm just pointing out the fact that our government wasted more money on the stimulus bill than going to war in Iraq. And, yes, the vast majority of the money was wasted imo.

 

[5yrtrader]

Quote from pspr:

You know, the wisdom of invading Iraq can be debated all day long. I'm just pointing out the fact that our government wasted more money on the stimulus bill than going to war in Iraq. And, yes, the vast majority of the money was wasted imo.

The article also points out that more money was spent on Medicare, do you think that was wasted as well?

 

[mgabriel01]

Quote from pspr:

The numbers are in. According to the CBO the amount being spent in the worthless stimulus bill is more than that spent for the entire Iraq war.

http://www.washingtonexaminer.com/o...am-cost-more-than-the-Iraq-war-101302919.html

nice stats
never mention what we actually 'paid' to blow shit up in Iraq
Here is the url: http://costofwar.com/
$743B

given the choice, I would spend that money domestically doing 'anything' rather than spend it blowing up shit in Iraq

 

[peilthetraveler]

Quote from mgabriel01:

nice stats
never mention what we actually 'paid' to blow shit up in Iraq
Here is the url: http://costofwar.com/
$743B

given the choice, I would spend that money domestically doing 'anything' rather than spend it blowing up shit in Iraq

With the war money, we blew shit up in other countries and destroyed networks of terrorists that wanted to blow shit up here.


With the stimulus money, we rebuilt companies that blew shit up here(economically), so they could continue to blow shit up(economically) sometime later in the future.

Kind of tough to see which was the better choice.

 

[MKTrader]

Quote from 5yrtrader:

So do you think its a good idea to spend hundreds of billions of dollars destroying and rebuilding other countries, or do you think we should spend that money building up our own infrastructure?

5yr

Both are bad. And if you call the ridiculous pork paid for by the stimulus "infrastructure," I'd hate to think what you consider gov't waste.

 

[Bob111]

Quote from 5yrtrader:

The article also points out that more money was spent on Medicare, do you think that was wasted as well?

http://en.wikipedia.org/wiki/Medicare_fraud

The federal government does not keep track of the total amount of Medicare fraud. But if the Medicare budget is $368 billion, and 20% of all Medicare bills are fraudulent, then the total amount of fraud is an estimated $74 billion per year.[1]

In July 2010, the Medicare Fraud Strike Task Force announced its largest fraud discovery ever when charging 94 people nationwide for allegedly submitting a total of $251 million in fraudulent Medicare claims. The 94 people charged included doctors, medical assistants, and health care firm owners, and 36 of them have been found and arrested

 

[mgabriel01]

Quote from peilthetraveler:

With the war money, we blew shit up in other countries and destroyed networks of terrorists that wanted to blow shit up here.


With the stimulus money, we rebuilt companies that blew shit up here(economically), so they could continue to blow shit up(economically) sometime later in the future.

Kind of tough to see which was the better choice.

yeap, lots of those crawling around in the rubble in Iraq

 

[MKTrader]

Quote from Bob111:

http://en.wikipedia.org/wiki/Medicare_fraud

Exactly. Lots of fraud in Medicare and Social Security as well--it's gamed by many people on the "disability" side as well as young women who move in with SS sugar daddies in their late 60s.