Monday, February 4, 2008

$14 million dollars per hour - every day - 24/7

President Bush just introduced the new budget. Bush will cut $200 billion from the social security and Medicare programs that aid older Americans. The budget deficit would balloon to $410 billion this year - more than twice as much as 2007. Domestic programs would be essentially frozen at current levels, with most services being cut after inflation and population growth are factored in.

But... we can afford to spend $333 million dollars a day - EVERY DAY in Iraq, that's $14 million dollars an hour - every day - 24/7. This fact, Bush has attempted to hide.

"Every gun that is made, every warship launched, every rocket fired signifies in the final sense, a theft from those who hunger and are not fed, those who are cold and are not clothed. This world in arms is not spending money alone. It is spending the sweat of its laborers, the genius of its scientists, the hopes of its children. This is not a way of life at all in any true sense."

~Dwight D. Eisenhower, speech, American Society of Newspaper Editors, 16 April 1953

The $515.4 billion in funding for the Department of Defense which, when adjusted for inflation, would be the highest defense budget since World War II, does not include the $70 billion for the war or the $102.5 billion current emergency war funding request that Congress not yet approved.

So what are we getting for our money and what do Americans think of all this? Is it worth it - the cost of saving face?

Wall Street Journal Poll (1/22/08):

"When it comes to the war in Iraq, do you think that removing Saddam Hussein from power was or was not worth the number of U.S. military casualties and the financial cost of the war?"

32% - Worth it

59% - Not Worth It

Other polls are similar. Vote Republican if you want to see this continue:

1 comment:

Anonymous said...

So, did you vote Democrat? Here's your results:

Senate Minority Leader Mitch McConnell (R-Ky.) has come up with a vivid new way to express his contention that the nation is spending way too much money it doesn’t have.

McConnell includes the tweaks in his opening remarks on the Senate floor on the 51st day that President Obama has been in office.

“In just 50 days, Congress has voted to spend about $1.2 trillion between the Stimulus and the Omnibus,” McConnell says. “To put that in perspective, that’s about $24 billion a day, or about $1 billion an hour—most of it borrowed. There’s simply no question: government spending has spun out of control.”

The math: 50 days times 24 hours equals 1,200 hours. 1,200 times 1 billion equals 1.2 trillion (a thousand billions is a trillion).


And you thought GW went on a spending spree! You ain't seen nothing yet - go democrats go!