"Since 2001, the U.S. has spent nearly $400 billion waging war on Afghanistan, a country with an annual gross domestic product of $30 billion--and that's a bargain compared to the nearly $800 billion spent on invading and occupying Iraq since 2003. Meanwhile, Wisconsin Gov. Scott Walker is stripping public-sector unions of collective bargaining rights and attacking workers' compensation to save about $150 million--roughly 0.03 percent of war spending in Afghanistan."
"Meanwhile, Democrats and Republicans are debating how to address the ballooning federal debt. Both parties are agreed on carrying out massive cuts in federal spending that will hurt the most vulnerable in society--the only difference between them is how far to go."
"But neither will consider a significant reduction in military spending, even though just a 30 percent decrease in the Pentagon budget would save more than $2 trillion over the next decade, and still leave spending on the means of destruction almost 20 percent higher than when George Bush took office a decade ago."
Source
The entire article sums up my feelings pretty closely. Obama's foreign and economic policies has been, at best, better than the alternative, and more often just more of the same.
I for one am heartily sick of holding my nose and voting for the lesser of two evils.
by kerryg 14 years ago
Alan Grayson is one heckuva BAMF. I doubt this will get passed, but it's a fascinating idea.Grayson's speech:Mr. Speaker. Today I introduce H.R.5353: the "War Is Making You Poor Act." The "War Is Making You Poor Act" does three things: first, it requires the administration to...
by Doug Hughes 13 years ago
"..._Worst of all, this is a vision that says even though America can't afford to invest in education or clean energy; even though we can't afford to care for seniors and poor children, we can somehow afford more than $1 trillion in new tax breaks for the wealthy. Think about it. In the last...
by Doug Hughes 14 years ago
Think about it. The National Debt as a percent of the GDP (Gross Domestic Product) under FDR went from 50% of GDP to 120% of GDP. Where did the money come from? We are currently financing the deficit by borrowing from China (mostly). The US didn't borrow the money it spent on WWII, unless you...
by Deforest 11 years ago
And we don't have any money to save our country!
by Willowarbor 2 months ago
On Tuesday, Trump lauded a House budget blueprint that may enable Congress to pass much of his legislative agenda in what he called “ONE BIG BEAUTIFUL BILL.” That budget, which passed a committee vote and could hit the House floor as soon as next week, lays out targets for legislation that would...
by Ralph Deeds 16 years ago
Paul Krugman's column in the NYTimes today 1-5-08 is entitled "Fighting Off Depression." In it he called the recent economic numbers "terrifying," not just in the U.S. but around the world. Manufacturing in particular is plunging everywhere; banks aren't lending; businesses and...
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