Barack Obama Is Wrong About Iraq Spending

During the campaign Barack Obama spent some time talking about spending cuts. Normally, for conservatives, that’d be something they’d want to hear from a politician. But unfortunately, the only spending cuts Barack Obama was ever really specific about was cutting spending on the war in Iraq.
Here’s an example of his schtick:

You don’t defeat a terrorist network that operates in eighty countries by occupying Iraq. You don’t protect Israel and deter Iran just by talking tough in Washington. You can’t truly stand up for Georgia when you’ve strained our oldest alliances. If John McCain wants to follow George Bush with more tough talk and bad strategy, that is his choice–but it is not the change we need.

But what’s interesting is that while Obama and his Democrat comrades (people like Barney Frank are already calling for a 25% cut in defense spending), the truth is that defense spending isn’t really the problem in this country. In fact, in terms of the overall economy, defense spending has actually been at its lowest point in 67 years:

image

Another interesting note from that graphic: While income tax receipts, and overall federal tax receipts, have remained largely unchanged since 1965 non-defense spending has gone up 42%.
Obama and the Demcorats can rail about spending in Iraq all they want, but the real problem is spending here at home. Namely, entitlement spending on out of control programs like Social Security, Medicare and Medicaid.
If Obama really wants to fix spending issues here in America he’d fix those programs, and the only real fix is to do away with them.

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  • Puzzlefeet

    See, Rob, you still don't get it. Your side lost miserably. The people want Social security and Medicare and Medicaid. You lost and will continue to lose as long as you rail about getting rid of Social Security and Medicare.

    Social "security" is what people want. They voted for a president who supports those programs.

  • http://sayanythingblog.com robport

    You really think this election was a referendum on entitlement spending?

    What planet do you live on? I mean, I know you enjoy living off of other people's money, but we young tax payers would appreciate it if you fuddy duddies took care of yourselves.

  • RebTex

    It seems his halo has slipped off the back of his head.

  • http://vdvfamily.com/ Sphagnum

    I got my Social Security update in the mail the other day… I'm only 25 and I've already contributed over $120,000 to Social Security… I almost cried…

    I would give up every single penny that I put in so far and for the next several years if I could stop paying into the system before I hit 40…

  • http://sayanythingblog.com robport

    How nice would it be to have that $120,000 tucked away in a nice investment portfolio, Spaghetti?

  • WOOFX

    !20K?

    For 2008, the employee's share of the Social Security portion of the tax is 6.2% of gross compensation up to a limit of $102,000 of compensation (resulting in a maximum of $6,324 in total tax amount)

  • http://sayanythingblog.com robport

    Well whatever the amount Spaghetti has contributed, he'd be a lot better off with it privately invested.

  • WOOFX

    Not in Bear Stearns, AIG, Ford, GM.

  • http://insanereindeer.blogspot.com/ Kenny

    !20K?

    For 2008, the employee's share of the Social Security portion of the tax is 6.2% of gross compensation up to a limit of $102,000 of compensation (resulting in a maximum of $6,324 in total tax amount)

    That's per year woof. 20 Years and you have his number. Depending on the state, he could've started between 14-16, and we have his number. Surely, you're not saying one can only contribute 6,400 to SS PERIOD?

  • WOOFX

    Spagetti is 25.
    Maybe he's a child movie star?

  • http://vdvfamily.com/ Sphagnum

    I was including the amount my employer puts in on my behalf. My statement said upwards of 60k, my employers match that (which would is essentially money out out my check anyway) and so I say my contributions are 120k+

  • http://vdvfamily.com/ Sphagnum

    Now that I think about it, that 60k+ number may have included my employers contributions, which would work better math… so maybe I've contributed 30 and my employer 30… either way, my point still stands… I'd rather give it all up and get rid of my SS tax for the rest of my life.

  • http://rawdawgb.blogspot.com/ rawdawgbuffalo

    regardless of what he has said, Obama has yet to deal with the structrual concerns of our economy, nor has Paulson or Bernake, we all just a Pay check away from a pink slip

  • http://sayanythingblog.com/ likwidshoe

    Puzzlefeet – See, Rob, you still don't get it. Your side lost miserably.

    Well that's certainly a way to avoid the topic. Just ignore it and remind Rob that his "side" lost.

    You can't address the topic of the post, can you Puzzlefeet?

  • robert108

    Woof: The so-called "employer contribution" is just the wage you would be getting if your employer didn't have to give it to the govt. If you weren't worth every penny he pays out for you(and more), you wouldn't have a job.
    Sphag, that money is all yours; you earned it.

  • http://vdvfamily.com/ Sphagnum

    Sphag, that money is all yours; you earned it.

    Unfortunately, it's now Nancy Pelosi's, not mine….

  • http://sayanythingblog.com/readers/author/realitybasedbob/ realitybasedbob

    The so-called "employer contribution" is just the wage you would be getting if your employer didn't have to give it to the govt.

    Wrong. Sphag is compensated with a negotiated wage/salary. If the employer was not obligated to the employer contribution, the employer would keep it for herself.

  • robert108

    Wrong. Sphag is compensated with a negotiated wage/salary. If the employer was not obligated to the employer contribution, the employer would keep it for herself.

    Without the govt confiscation, Sphag would be able to negotiate a higher wage. Again, he is worth the total of what the employer pays him, including govt confiscation, and more.
    You should abstain from economic discussions, rbb; you are too ignorant to keep up.

  • http://sayanythingblog.com robport

    Spagetti is 25.
    Maybe he's a child movie star?

    Maybe Spaghetti is a successful guy who works hard for a living.

    That's how you get rich, Poodle. I know you like to think rich people are all just no-account trust fund babies who like to kick puppies and mock homeless people, but the world doesn't always line up with the fantasies you keep tucked away in your head.

  • http://sayanythingblog.com/readers/author/realitybasedbob/ realitybasedbob

    Sphag, that money is all yours; you earned it.

    Without the govt confiscation, Sphag would be able to negotiate a higher wage.

    Which is it 108? Make up your mind.

  • http://sayanythingblog.com robport

    If the employer was not obligated to the employer contribution, the employer would keep it for herself.

    No, not really.

    If all employers could stop contributing to Social Security they'd have more capital. They might just pocket it, but they'd do that at their risk because their competitors might use that capital to increase wages and lure in more efficient, more qualified employees.

    Or they might use the extra capital to expand operations.

    Or they might use it to lower the prices of the goods and services they provide.

    Regardless, it's an overall more positive situation than that money going away to the government.

  • robert108

    The money the "trust fund babies" was earned by an achiever, and if those "babies" don't manage it intelligently, they will lose it. Economic mobility goes both ways. You can't design a system with only upward mobility. This is just one of the problems with leftie economics.
    A lot of "trust fund babies" increase their wealth, creating jobs and investment opportunities for lots of Americans. They also pay the taxes that greedy politicians like Obama live on.

  • http://sayanythingblog.com robport

    Which is it 108? Make up your mind.

    He's talking about two different things, genius. One part is the money taken from Spaghetti's check. That money is, in fact, all his.

    The other part is the employer's contribution. That might go to Spaghetti, or it might go to one of the other things I just mentioned.

    Depending on the employer's choice.

    Why do you liberals hate choice?

  • http://sayanythingblog.com robport

    Well that's certainly a way to avoid the topic. Just ignore it and remind Rob that his "side" lost.

    You can't address the topic of the post, can you Puzzlefeet?

    The problem is that people like Puzzled see politics as a football game. She isn't rooting for policies that are best for America, she's rooting for her side. Which is why she blindly goes along with whatever the liberal agenda is and never has anything negative to say about anyone on her own side.

    Unlike we conservatives that routinely criticize our own side as well as the other side. Though I'm not sure many conservatives even see themselves as belonging to a side or a team.

    I, personally, see myself as an individual with certain preferences for how government should be run.

  • http://sayanythingblog.com robport

    The money the "trust fund babies" was earned by an achiever, and if those "babies" don't manage it intelligently, they will lose it. Economic mobility goes both ways.

    Sure. It wasn't my intention to denigrate trust funds or the people who benefit from them. That wealth was earned by someone, and given by that someone to someone else via the trust.

    I don't have any problems with that.

  • robert108

    The employer's "contribution"(like he has a choice) is part of Sphag's total worth. If the employer wasn't forced to pay it to the govt, Sphag could negotiate for it. Trying to explain basic econ to a leftie moron is always a thankless task.
    If Sphag weren't worth the total amount the employer has to pay out, plus a bit more, he wouldn't have a job. The govt just confiscates some of our worth.

  • http://sayanythingblog.com/readers/author/realitybasedbob/ realitybasedbob

    Sphag could negotiate for it.

    Sphag, that money is all yours; you earned it.

    It's a simple question 108, which is it?

  • http://sayanythingblog.com robport

    Boob, I already answered you. It's two different things.

    One is the employer contribution, one is Spaghetti's contribution.

    Spaghetti absolutely keeps his contribution is SS is ended. What he gets of the employer's contribution is up to the employer, and Spaghetti could negotiate for it.

    "Hey, I want a raise in the amount of your contribution to my SS. If you say no I'm going to work for someone else."

    Honestly, this isn't rocket science.

  • http://vdvfamily.com/ Sphagnum

    Wow… now I know what Joe the Plumber feels like! Everyone talking about my income and taxation :D

  • http://sayanythingblog.com/readers/author/realitybasedbob/ realitybasedbob

    Try to keep up rube.

    This is what we are talking about:

    Woof: The so-called "employer contribution" is just the wage you would be getting if your employer didn't have to give it to the govt. If you weren't worth every penny he pays out for you(and more), you wouldn't have a job.
    Sphag, that money is all yours; you earned it.

    robert108 on November 8, 2008 at 07:34 am

    We are talking about one thing: employer contribution.

    108 has said two conflicting things (but what's new)

    Sphag could negotiate for it.

    Sphag, that money is all yours; you earned it.

    It's a simple question 108, which is it?

  • robert108

    It's a simple question 108, which is it?

    I've answered it several times already. The govt compensates some of Sphag's total worth to his employer. If the govt didn't confiscate it, he would be able to get all of his earnings. The employer "contribution" is just leftie bullshit.
    Sorry you're too dumb to understand such a simple concept.
    Without the govt confiscation, Sphag could have negotiated for a higher wage than we receives after the govt confiscation.
    I guess simple arithmetic is too complex for you, rbb.

  • http://sayanythingblog.com robport

    We are talking about one thing: employer contribution.

    The first part was addressed to Poodle. The second part was addressed to Spaghetti. He was talking about two different things.

    Work on your reading comprehension, genius.

    And what is your point anyway? That if Social Security ends Spaghetti might not get to keep the employer's part of the contribution? Not much of a point, boob. He would get to keep his part of the contribution (significant in and of itself) and the employer's part has other positive ramifications for the employer, Spaghetti and society at large.

    It's a win-win-win. You're just not bright enough to realize it.

  • robert108

    Rob: I wasn't addressing you at all; just the leftie mantra about inherited wealth, as if they are entitled to just take it. It's the old Marxist bullshit about all value being created by labor, with a complete ignorance of the much greater contribution of capital. This concept was necessary to sell his violent revolution crap. Obama is just saying the same thing with his ignorant "bottom up" comment.

  • http://sayanythingblog.com robport

    Wow… now I know what Joe the Plumber feels like! Everyone talking about my income and taxation :D

    Well, you brought it up. And we're just using your situation as a hypothetical to illustrate the position workers and employers are in across the country.

    Unlike Joe, whose personal life was made headline news in an effort to destroy him for daring to question The One's narrative.

  • http://vdvfamily.com/ Sphagnum

    Yeah, no character assassinations please….

  • http://insanereindeer.blogspot.com/ Kenny

    It's a simple question 108, which is it?

    It's like when RBB followed me from thread to thread to thread asking "who are the people in your picture Little Kenny". And when I answered him, he'd just ignore it and ask again in a different thread. Then another. Here, he's just ignoring it in the same thread. The black hole of stupidity inside his head is strengthening.

  • http://sayanythingblog.com/readers/author/realitybasedbob/ realitybasedbob

    Kenny, who do you think the people are who were morphed into your avatar?

  • http://sayanythingblog.com/ likwidshoe

    Kenny, who do you think the people are who were morphed into your avatar?

    You back to asking that spammy question?

    You may need to talk to your doctor, bob. Good luck. Hope it's nothing too serious.

  • welder4

    I would like to point out that the social security funds were stolen by politicians and it would have had plenty in the fund if it weren't for that, I think Eisenhower placed it in the general fund and the greedy politicians said to them selves wow look at all that money people will never draw that out because they only live to be 70 ,why do you think they are all the time raising the retirement age, Of course if it were done away with I would be taking care of five people on 1129.00 a month , and at 65 I would have a real easy time of finding work in a high paying job but you know what I would survive , but I paid into it for 45 years so then I don't have nothing coming? , were the rub is the younger people should not have to fund it today it should have been funded any way but the honest politicians took the money and porked me and you . What needs to happen is all the pork needs to stop and all the unnecessary programs stopped and we would have enough for that and a few other things. The reference to fuddy duddies is uncalled for . I understand because I have sons and daughters who are paying that may never see any social security payments but it is not my fault I had to pay the damn tax also and did for 45 years. Then we have the insatiable desire to spend money they don't have just like the auto companies do . National health care is a pipe dream and will not work. At least younger people have a little time to make some other arrangements that is if they don't steal your money that is in the 401 K's /

  • http://sayanythingblog.com robport

    I would like to point out that the social security funds were stolen by politicians and it would have had plenty in the fund if it weren't for that

    Well you're right that the politicians have been siphoning off funds from Social Security, but that's not the whole problem.

    Another problem is that the ratio of retirees to workers has gotten much smaller. People are living longer, and people are having fewer kids. Soon, there will be two retirees collecting SS for every working, tax-paying American.

    That's not acceptable. Especially when most on Social Security could afford their own retirement plans just fine.

  • robert108

    …it would have had plenty in the fund if it
    weren't for that…

    Not true; the SS trust fund, even before LBJ looted it, was appreciating at less than the rate of inflation, but like a typical pyramid scheme, was forcibly recruiting new payers fast enough to cover the bills. The baby boom generation, followed by the much smaller succeeding generations, put the pyramid scheme in crisis, and even doubling the SS tax only put off the inevitable a little longer. I'm not sure of the exact year, but the total tax was doubled from seven and a half percent to fifteen percent in the late Sixties, in anticipation of this demographic problem. A real investment program would have produced enough income to produce a real return upon retirement, but govt doesn't run like a profitable business. Thus the problem; it's endemic to all govt enterprise.

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