>> At least Obama's stimulus was spent in the U.S.A. and not Iraq or Afghanistan.
Actually, a significant sum was spent overseas -- on things like a $26 million plant in China for CREE, $91 Million for Eurus Energy America, which went to buy wind turbines from Japan, $339 Million for Sempra's solar panels purchased from China, and the list goes on. We're certainly talking billions.
Of course, a significant portion of the war spending was in the US. But government spending isn't stimulative. Tax cuts can be, if properly targeted.
>> When you say stuff like, "that will be over a number of decades" it reminds me of Detroit and their pension obligations. That was supposed to be over a number of decades too.
I have no idea what you think the connection is, however, pension obligations, when properly accounted for, do occur over a number of decades; but the way Detroit and pretty much all governments do, is to do nothing and assume the money will be there to pay those pensions when it is needed (just as the US does with SS). In the case of Detroit, the money won't be unless Congress caves and bails them out (which doesn't seem likely, and certainly shouldn't be done).
>> Just the thought of that ludicrous embassy we built in Iraq makes me want to throw up.
Well, throw up if you want to. I have no idea the extent to which that facility was really needed. $750 Million is a lot of money, but not when compared with the wasteful Obama stimulus spending.
You would have had to have SOME KIND of embassy there; whether it could have been done for $250M instead of 750M, I have no idea. Bush, at the time, surely didn't anticipate the precipitous withdrawal that Obama conducted.
Do you think Obama hasn't thrown away a ton of money in Afghanistan, the "good" war? At least Iraq has an opportunity to, and will eventually, become a significant business partner for the US. Afghanistan never will. |
