Showing posts with label Iraq. Show all posts
Showing posts with label Iraq. Show all posts
Saturday, May 10, 2014
Sunday, January 24, 2010
Bush Era Errors
Lest we forget, this is not Barack Obama's economy, he did not start two wars (although, sadly, he does continue them), he did not push huge tax cuts in times of incredible spending, and he did not take a budget from surplus to deficit. President Obama simply had the unfortunate timing of following the worst president in the history of the U.S.
Remember the Bush administration lost $12 billion, being delivered on pallets, in Iraq. Plus, the Iraq war, overall, will cost us over $3 trillion.
Bush also increased spending faster than any other president in the last 30 years.
The Republican tax cut strategy, again, failed to deliver.
Bush's policies are also responsible for the majority of our deficits.
And, let's not forget the warnings the Bush administration ignored before the 9/11 attack.
For Further Reading:
Please Call Out Conservatism For The Disaster It Is
Remember the Bush administration lost $12 billion, being delivered on pallets, in Iraq. Plus, the Iraq war, overall, will cost us over $3 trillion.
Bush also increased spending faster than any other president in the last 30 years.
The Republican tax cut strategy, again, failed to deliver.
Bush's policies are also responsible for the majority of our deficits.
And, let's not forget the warnings the Bush administration ignored before the 9/11 attack.
For Further Reading:
Please Call Out Conservatism For The Disaster It Is
Sunday, October 11, 2009
Sunday Reading
ACORN: Federal Governments Best Investment
Affordable Housing Innovations
Economics of Models
Ending LEEDs Monopoly
High-Speed Rail: A No-Brainer
Midwest Has Highest Per Capita Rate of Iraq War Fatalities and Casualties
On Endless Growth
Owners No More
Perils of Waterfront Development
Private Equity Vultures
Problems With Securitization
Too Politically Connected To Fail In Any Crisis
Transport of Tomorrow
Whitopia
Affordable Housing Innovations
Economics of Models
Ending LEEDs Monopoly
High-Speed Rail: A No-Brainer
Midwest Has Highest Per Capita Rate of Iraq War Fatalities and Casualties
On Endless Growth
Owners No More
Perils of Waterfront Development
Private Equity Vultures
Problems With Securitization
Too Politically Connected To Fail In Any Crisis
Transport of Tomorrow
Whitopia
Saturday, February 21, 2009
Opportunity Cost
How can it be that increasing our deficit for Iraq (which will cost approximately $3 trillion) is good policy - even though it has worsened national security and weakened our standing in the world - when it has not won over any hearts or minds?
Yet, deficit spending as proposed in the recently passed stimulus bill - with increased unemployment insurance, infrastructure construction projects, among other initiatives - which actually puts people who otherwise would not be working back to work, while addressing needed repairs and improvements all over the country, is bad debt.
Even when Republicans are not in power they still seem to have the ability to frame the debate and to have all the parrots on TV and radio regurgitating their nonsense.
Which would you prefer we be spending money on: Iraq or investing in long-term infrastructure projects that put people back to work now and also prepare our country for future growth?
Yet, deficit spending as proposed in the recently passed stimulus bill - with increased unemployment insurance, infrastructure construction projects, among other initiatives - which actually puts people who otherwise would not be working back to work, while addressing needed repairs and improvements all over the country, is bad debt.
Even when Republicans are not in power they still seem to have the ability to frame the debate and to have all the parrots on TV and radio regurgitating their nonsense.
Which would you prefer we be spending money on: Iraq or investing in long-term infrastructure projects that put people back to work now and also prepare our country for future growth?
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