Just in case you forgot.

As the War in Iraq winds down remember…
The entire cost of the Iraq War was less than Barack Obama’s failed stimulus bill.
Nice work, champ!
FOX News reported:

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.

The U.S. deficit for fiscal year 2010 is expected to be $1.3 trillion, according to CBO. That compares to a 2007 deficit of $160.7 billion and a 2008 deficit of $458.6 billion, according to data provided by the U.S. Office of Management and Budget.

 

 

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  1. Obama’s blind devotees will see the Iraq withdrawl as victory that MUST lead to economic healing.

    The stark reality in charts like the one above will be withheld in the MSM, or ignored if they do appear, albeit in the form of a footnote.

    You can lead a jackass to the water of truth, but you’ll never be able to make him drink it.

  2. 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.
    +++
    Bush was such a loser, he couldn’t even spend in 8 yrs what Obama spend in just one bill
    ;)
    and Bush was such a loser, he spend money on troops, while Obama paid his bundlers

  3. Total Bailout = $23.7 TRILLION

    Here’s a crazy stat for you. The total amount of US backstops and bailouts has reached a staggering $23.7 trillion!

    How do we know? Because TARP watchdog Neil Barofsky is going to say so in his fresh report, and that report was leaked to many top media outlets, like WaPo and Dow Jones. If it’s available to the public, we certainly can’t find it on the SIGTARP website. The last report that’s up is from April, 21.

    Presumably, one of Neil Barofsky’s main goals is to promote transparency within TARP. He could start by increasing transparency in his own office, instead of playing footsie with the same old media pals.

    Read more: http://articles.businessinsider.com/2009-07-20/wall_street/29967033_1_tarp-watchdog-transparency-neil-barofsky#ixzz1bYux3Eyc
    Actually, higher. Blows your MIND!!

  4. Ahhhh ya missed an important part Jimbo,

    Not only did the stimulus cost more than the war.

    The war was constitutional the stimulus is not.

    Bad policy by Bush (TARP) or Obama (porkulus).

    Powder is dry

  5. Bailouts could cost U.S. $23 trillion

    http://www.politico.com/news/stories/0709/25164.html

  6. Taxpayers still own 500M underperforming GM shares, Obama says ‘investment was worth it’

    Read more: http://dailycaller.com/2011/10/14/taxpayers-still-own-500m-underperforming-gm-shares-obama-says-investment-was-worth-it/#ixzz1bYyB3Ty4

  7. Little-known fact: Obama’s failed stimulus program cost more than the Iraq war

    But there is much more to be said of this data and Hoven does an admirable job of summarizing the highlights of such an analysis:

    * 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.)

    Just some handy facts to recall during coming weeks as Obama and his congressional Democratic buddies get more desperate to put the blame for their spending policies on Bush and the war in Iraq. For more from Hoven

    Read more at the Washington Examiner: http://washingtonexaminer.com/blogs/beltway-confidential/little-known-fact-obama039s-failed-stimulus-program-cost-more-iraq-war#ixzz1bYzHJv6J

    Expect to hear a lot about how much the Iraq war cost in the days ahead from Democrats worried about voter wrath against their unprecedented spending excesses.

    The meme is simple: The economy is in a shambles because of Bush’s economic policies and his war in Iraq. As American Thinker’s Randall Hoven points out, that’s the message being peddled by lefties as diverse as former Clinton political strategist James Carville, economist Joseph Stiglitz, and The Nation’s Washington editor, Christopher Hayes.

    The key point in the mantra is an alleged $3 trillion cost for the war. Well, it was expensive to be sure, in both blood and treasure, but, as Hoven notes, the CBO puts the total cost at $709 billion. To put that figure in the proper context of overall spending since the war began in 2003, Hoven provides this handy CBO chart showing the portion of the annual deficit attributable to the conflict:

    But there is much more to be said of this data and Hoven does an admirable job of summarizing the highlights of such an analysis:

    * 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.)

    Just some handy facts to recall during coming weeks as Obama and his congressional Democratic buddies get more desperate to put the blame for their spending policies on Bush and the war in Iraq. For more from Hoven, go here.

    Follow the Washington Examiner on Facebook

    Read more at the Washington Examiner: http://washingtonexaminer.com/blogs/beltway-confidential/little-known-fact-obama039s-failed-stimulus-program-cost-more-iraq-war#ixzz1bYyjAbAP

  8. Excellent graph, I hope it gets put to good use, and often. Too many people in this administration are confirmed non-math majors.

  9. Expect to hear a lot about how much the Iraq war cost in the days ahead from Democrats worried about voter wrath against their unprecedented spending excesses.

    The meme is simple: The economy is in a shambles because of Bush’s economic policies and his war in Iraq. As American Thinker’s Randall Hoven points out, that’s the message being peddled by lefties as diverse as former Clinton political strategist James Carville, economist Joseph Stiglitz, and The Nation’s Washington editor, Christopher Hayes.

    The key point in the mantra is an alleged $3 trillion cost for the war. Well, it was expensive to be sure, in both blood and treasure, but, as Hoven notes, the CBO puts the total cost at $709 billion. To put that figure in the proper context of overall spending since the war began in 2003, Hoven provides this handy CBO chart showing the portion of the annual deficit attributable to the conflict:
    http://media.sfexaminer.com/images/How+much+did+the+Iraq+war+cost.gif

    Read more at the Washington Examiner: http://washingtonexaminer.com/blogs/beltway-confidential/little-known-fact-obama039s-failed-stimulus-program-cost-more-iraq-war#ixzz1bYzbwGHT

  10. Obama is a habitual liar. He is demonstrating all the emotions of a true Marxist. Saying things for purpose of self.

    Troops coming home: Comparison to now we can work on economy. Because now all that money on defense will help to pass Job Bill. And it will help to pay for Obama care.

    This is a political tactic and he is hoping that while he is on fire with the latest Libya news he can ride the wave.

    Occupiers are like Tea Party, in his pathetic mind. Occupiers have been one of the most distracting groups formed for that very purpose. Investigations are underway from the border to the green. Obama can’t run from the 4 trillion in spending and the number is far greater.

    No one is reporting just how much greater. All his policies are crumbling around him.

  11. Herman Cain, on what he’d do about it.

    http://www.therightscoop.com/herman-cain-introduces-999-opportunity-zones/

    H/t Polipundit

  12. which one created more jobs.

  13. Basically, his stimulus failure cost more than the prior 6 years of non-Iraq debt. Just looking at the reds parts.

  14. Obama has destroyed the US economy. But who went to jail? Who will go to jail? The dhimmies and the Repubs are just two groups that form the Big Government Party.

  15. Obama is filth.

  16. Unfortunately, our losses were more than financial.

    Young American men and women died, and many more were maimed. Some came back with huge disabilities. Our Iraq losses were much more than financial.

    For what?

    Hussein was ruthless, but when Hussein ruled Iraq there were Christian churches there. They are gone. We are leaving the country to the Islamic Fascists of the Middle East, especially those in Iran and Pakistan.

    Moreover, we are not asking the Iraq government to repay our financial losses despite there oil reserves.

    Why is that?

    Our government has been infiltrated by losers from the top down. It is not about Republicans or Democrats. It is about the anti-American ideology and get a piece of the pie mindset of those in office.

    Clean house in 2012!

  17. 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.

    I don’t know about shelves, but the Porkulus is going to have a debt service life of decades.

  18. While it’s true that Obama asked for this boondoggle and many others, let’s not forget that the people who are actually responsible for spending this money are the 535 members of the Congress. Look up how your senators and representative voted, and if they’re wasting your money, bounce them the hell out of office.

    -jcr

  19. Hurria..I finally won $3.00 on Power Ball but bought $5.00 a loss of $2.00 :D



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