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Thread: Obama to Call for $50 Billion Spending on Public Works

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    Re: Obama to Call for $50 Billion Spending on Public Works

    Quote Originally Posted by BCR View Post
    you know that 3 trillion we spent on a war with the wrong country could have been really useful right about know though. You conservatives are right though, a 800 billion dollar stimulus package is far worse then spending 3 trillion dollars on a war with the wrong country while killing thousands and thousands and also losing thousands of are own troops.

    $3 Trillion? where are you getting this number from? Out of thin air? Or from Olberman? Wait, same thing.

    Anyway....CBO places the cost of the wars, over the 9 years at around $700 Billion....bout the same as Obama spent in one stoke of the pen for his stimulus that didn't work. Conflating numbers won't do you any good. If you think that Bush blew the budget, which I would agree he did, then Obama has outdone him by three times, and a third of the timeframe....

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    Re: Obama to Call for $50 Billion Spending on Public Works

    Quote Originally Posted by BCR View Post
    how much has it cost us then? the $60 billion George W. told us it would back in 2003????

    UUhhh, maybe you should read the link he posted for you......??



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    Re: Obama to Call for $50 Billion Spending on Public Works

    Quote Originally Posted by BCR View Post
    how much has it cost us then? the $60 billion George W. told us it would back in 2003????
    What does GW Bush have to do with the current spending and the 3 trillion added to the debt since Obama took office? Putting Bush spending on steroids and then blaming Bush for it is typical liberal diversion.

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    Re: Obama to Call for $50 Billion Spending on Public Works

    If you want to take the CBO's estimate then fine but they don't factor in absolutely every expense incurred due to the war. Joseph E. Stiglitz, Nobel prize winning economist, has put the long term price tag of this war at 4 trillion.

    Regardless though, you want to go CBO then still then go by them. Bush told us in 2003 it would cost only 50-60 billion and now the CBO says we are at 700 billion (and projecting total cost of 2 trillion) and Nobel prize winning economist believe complete total cost is around 3-4 trillion!

    I only mentioned this because I see all these conservatives bitching about the 800 billion dollar stimulus plan but tend to completely throw the Iraq war under the rug.
    I use a lot of satire and sarcasm so keep that in mind when reading my posts.

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    Re: Obama to Call for $50 Billion Spending on Public Works

    So I thought Congress and the White House agreed that future spending would be matched with cuts. I thought programs were to be paid for. Another broken promise? For those that says its not much money in the scheme of things. Yet its spending money we don't have. Also where does the worker go when the project is done? The massive spending has got to stop.
    "I can explain it to you but, I can't understand it for you"

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    Re: Obama to Call for $50 Billion Spending on Public Works

    Quote Originally Posted by BCR View Post
    If you want to take the CBO's estimate then fine but they don't factor in absolutely every expense incurred due to the war. Joseph E. Stiglitz, Nobel prize winning economist, has put the long term price tag of this war at 4 trillion.

    Regardless though, you want to go CBO then still then go by them. Bush told us in 2003 it would cost only 50-60 billion and now the CBO says we are at 700 billion (and projecting total cost of 2 trillion) and Nobel prize winning economist believe complete total cost is around 3-4 trillion!

    I only mentioned this because I see all these conservatives bitching about the 800 billion dollar stimulus plan but tend to completely throw the Iraq war under the rug.
    What does any of that have to do with the DEFICITS Obama is creating. You do know the difference between a deficit and the debt don't you? The costs of the Iraq War were spread over 7 years and are already factored into the yearly deficit and cumulative debt. The 800+ stimulus contributed to the 1.4 trillion deficit in fiscal year 2009 and the 1.4 trillion debt this year. What were the projections for the deficit, affect on the economy, and unemployment by the Obama Administration?

    Why are liberals so passionate about their failed ideology?

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    Re: Obama to Call for $50 Billion Spending on Public Works

    Quote Originally Posted by BCR View Post
    If you want to take the CBO's estimate then fine but they don't factor in absolutely every expense incurred due to the war. Joseph E. Stiglitz, Nobel prize winning economist, has put the long term price tag of this war at 4 trillion.

    Regardless though, you want to go CBO then still then go by them. Bush told us in 2003 it would cost only 50-60 billion and now the CBO says we are at 700 billion (and projecting total cost of 2 trillion) and Nobel prize winning economist believe complete total cost is around 3-4 trillion!

    I only mentioned this because I see all these conservatives bitching about the 800 billion dollar stimulus plan but tend to completely throw the Iraq war under the rug.
    You have a link to that "George Bush $50-60 billion" statement....??


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    Re: Obama to Call for $50 Billion Spending on Public Works

    Quote Originally Posted by BCR View Post
    If you want to take the CBO's estimate then fine but they don't factor in absolutely every expense incurred due to the war. Joseph E. Stiglitz, Nobel prize winning economist, has put the long term price tag of this war at 4 trillion.

    Regardless though, you want to go CBO then still then go by them. Bush told us in 2003 it would cost only 50-60 billion and now the CBO says we are at 700 billion (and projecting total cost of 2 trillion) and Nobel prize winning economist believe complete total cost is around 3-4 trillion!

    I only mentioned this because I see all these conservatives bitching about the 800 billion dollar stimulus plan but tend to completely throw the Iraq war under the rug.

    Well, I wouldn't get to heated over your Nobel Economist there. No surprize that he is a far lefty, that coupled with the UN laid out their economic plan for globalization. Yeah.....So...It's probably a safe bet to say that he is rather against the Iraq War to start with and his numbers and conclusions reflect that through inflation of costs.


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    Re: Obama to Call for $50 Billion Spending on Public Works

    Quote Originally Posted by Cole View Post
    Curious. Which particular massive infrastructure rot is Bush responsible for....??
    Federal cuts to infrastructure maintenance in his time were responsible for its deterioration going from acceptable grades to Cs Ds and Fs by a ratings bureau or engineers from here or there.

    Kay Bailey Hutchison on “Meet The Press”: US Infrastructure Improved Under Bush | Firedoglake

    I dont quite know how to research to find the facts but it was featured on NPR several times (which I used to listen to daily) where I heard it during the Bush years. The above site features some links.

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    Re: Obama to Call for $50 Billion Spending on Public Works

    Hello inflation.
    Jackboots always come in matched pairs, a left boot and a right boot.

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