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Thread: Obama vows to cut huge deficit in half

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    Re: Obama vows to cut huge deficit in half

    Quote Originally Posted by Truth Detector View Post
    I'd like to see the fuzzy math it takes to assume that withdrawing from Iraq will somehow save $100 billion a year.
    Especially given that The Obama pledged to move troops to Afghanistan -- where they are harder to base, harder to supply, harder to support, and where it is harder for them to get around. I'd guess that each trooper in Afhganistan, all told, costs 2x what they cost in Iraq.

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    Re: Obama vows to cut huge deficit in half

    Quote Originally Posted by Truth Detector View Post
    I'd like to see the fuzzy math it takes to assume that withdrawing from Iraq will somehow save $100 billion a year.

    The military is not going to disappear, at least not yet anyway. So where are all these costs savings other than the cost of flying personnel back and forth from Iraq and supplies going to Iraq instead of where the troops would be stationed anyway?

    In addition to this fuzzy math savings, they don't account for the proposed increased costs to shift troops into the Afghanistan theatre.

    The additional math that has not been accounted for is what happens if we abandon Iraq, in an effort to pay the $2.5 trillion in deficit spending this President has supported without any debate on funding, and Iraq descends into chaos thus causing rampant disruptions in the world oil supply?

    Frankly, the only people who aren't laughing at Obama's criminally negligent spending are those who are either too ignorant to comprehend the impending disaster that will turn America into a giant Zimbabwe or those who willfully suspend their disbelief for purely political power purposes.
    Its not fuzzy math at all. The Iraq war cost approximately $100 billion a year(average until now, but declining, just for Iraq, on top of $450 billion in defense related spendings annually. Iraq is not covered in the budget, but in added costs, or packages that the congress have to approve.

    wikipedia - US federal budget 2008, check it yourself.

    In 10 years including interest rates on the borrowed money to go to Iraq, the US will save the equal amount of the cost of the stimulus package, just by withdrawing from Iraq. Approximately.
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    Re: Obama vows to cut huge deficit in half

    Quote Originally Posted by Truth Detector View Post
    I see you are having difficulty separating the costs to fight two wars that Congress and the people of America supported and the willful irresponsible spending without any discussion of how to fund it going on now.
    Did anyone discuss how you are to pay for the Iraq war? Its just bulging debts, you cannot afford Iraq without going further into deficits and debts.. Iraq is paid by debts and future interest rates on those debts.. I don't remember ANY discussion about how the US is going to pay back the Iraq war spendings.
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    Re: Obama vows to cut huge deficit in half

    He's not off to a very good start. But why not reach for the stars and remove the budget deficit all together so we can start paying off our astronomical debt?
    Quote Originally Posted by SWM
    I never thought infanticide could be so delicious.

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    Re: Obama vows to cut huge deficit in half

    Quote Originally Posted by Maximus Zeebra View Post
    Did anyone discuss how you are to pay for the Iraq war? Its just bulging debts, you cannot afford Iraq without going further into deficits and debts.. Iraq is paid by debts and future interest rates on those debts.. I don't remember ANY discussion about how the US is going to pay back the Iraq war spendings.
    It's the same way we pay for everything. It's as bad an idea for Iraq as it is for everything else the government does.
    Quote Originally Posted by SWM
    I never thought infanticide could be so delicious.

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    Re: Obama vows to cut huge deficit in half

    Quote Originally Posted by RightOfCenter View Post
    He's not off to a very good start. But why not reach for the stars and remove the budget deficit all together so we can start paying off our astronomical debt?
    Fact:
    The only reason FY2010 will have any deficit at all is that The Obama and the Demcrats CHOOSE to run one.

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    Re: Obama vows to cut huge deficit in half

    Quote Originally Posted by RightOfCenter View Post
    He's not off to a very good start. But why not reach for the stars and remove the budget deficit all together so we can start paying off our astronomical debt?
    Its not big at all. Just 12 trillion and increasing. The interest rates of that is only $400 billion a year, or almost equal to your defense spending. Not to worry, he seems to want to increase your debt, to equal the interest rates or "beat" the military spending, to be able to brag that military spending is no more the biggest post..

    Its stunning that US federal income is about $2.4 trillion and $400 billion of that is just interest rates on debt.. Imagine all the better use it could come to if you had surpluses and could spend that money rather than throw it away at nothing.
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    Re: Obama vows to cut huge deficit in half

    Quote Originally Posted by Maximus Zeebra View Post
    Did anyone discuss how you are to pay for the Iraq war? Its just bulging debts, you cannot afford Iraq without going further into deficits and debts.. Iraq is paid by debts and future interest rates on those debts.. I don't remember ANY discussion about how the US is going to pay back the Iraq war spendings.
    What has this got to do with the fuzzy math about how getting out of Iraq will help pay for the $2 trillion deficit spending Obama and the Democrats have got us into?

    You need to do some math as to how much savings are REALLY going to occur by bailing out of Iraq, the potential costs if Iraq descends into anarchy and the FACT that even $100 billion a year with interest will take almost two decades to pay for the current deficit spending.

    The math simply doesn't work except for those Liberals who now excuse runaway spending that they complained about only last year. I guess when it is YOUR guy spending it, it is okay.

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    Re: Obama vows to cut huge deficit in half

    Quote Originally Posted by Truth Detector View Post
    What has this got to do with the fuzzy math about how getting out of Iraq will help pay for the $2 trillion deficit spending Obama and the Democrats have got us into?

    You need to do some math as to how much savings are REALLY going to occur by bailing out of Iraq, the potential costs if Iraq descends into anarchy and the FACT that even $100 billion a year with interest will take almost two decades to pay for the current deficit spending.

    The math simply doesn't work except for those Liberals who now excuse runaway spending that they complained about only last year. I guess when it is YOUR guy spending it, it is okay.
    1. You said the stimulus package is irresponsible spending where no one talked about how to pay that back, and blame the democrats and Obama for that, like its completely idiotic.
    2. I tell you/ask you that there was no discussion about the Iraq war and how to pay back that, as an equal in the republic party and Bush.. How can you overlook that if you dont support Obamas stimulous package, which at least is spend in America, rather than in some desert backwater country.
    3. You start talking about something completely different.
    4. I rewind and demand answer for what I was really asking. Dont avoid it.
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    Re: Obama vows to cut huge deficit in half

    Quote Originally Posted by Maximus Zeebra View Post
    Did anyone discuss how you are to pay for the Iraq war? Its just bulging debts, you cannot afford Iraq without going further into deficits and debts.. Iraq is paid by debts and future interest rates on those debts.. I don't remember ANY discussion about how the US is going to pay back the Iraq war spendings.
    Fascinating argument when considering that we are talking about a Government that just passed legislation that creates another $2 trillion in deficits and no discussion about paying for it.

    Tell me Maximus, where in history has Government ever debated how to pay for a war before entering into one? We call that putting the cart before the horse. War spending is not something you plan for or budget for.

    Carry on.

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