Obama: Iraq War Is A Drag On The US Economy

Hmm…

CHARLESTON, West Virginia (Reuters) – Democratic presidential candidate Barack Obama said the $500 billion cost of the Iraq war is a drag on the U.S. economy and attempted to lay some of the blame for it on Republican rival John McCain.
“How much longer are we going to ask our families and our communities to bear the cost of this war?” the Illinois senator asked in a speech.

Here’s the thing: $500 billion for five years of war is a drop in the bucket compared to our overall budget.
The question Obama should be asking is: How much longer are we going to ask our families and job-providers to bear the cost of a welfare state that already costs more than every other nation in the world combined spends on war and military?
Obama’s concern over spending is misplaced. As much as people like him may hate our mission to make Iraq a stable government and fight the terrorists in the middle east, the truth is that eventually the money we spend on it will fade. One day the war will end, and when it does the spending will too. But what never seems to go away is over 1 trillion dollars we spend every year on social entitlements.
When Barack Obama becomes concerned about that, I’ll start to take him seriously as a candidate and a leader.

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  • http://www.willisms.com/ Zsa Zsa

    The Katrina debacle is a drag on the economy. AND the Katrina “Victims” are taking advantage of every dime.

  • Todd…the sane one

    Hey genius how much of a drag on the economy would another 911 type attack be? When terror groups are using up money, materiel and people saving face by fighting us OVER THERE instead of here I’d say that’s a pretty good bargain. (especially considering our domestic security is STILL a complete joke)

    This guy is a complete moron. But then again he, the constitutional scholar, thought the 2nd amendment was related to hunting so no surprise there.

  • Bat One

    There’s a certain irony in Obama’s naive pronouncement… considering the enormity of the drag on the US economy his own Social Security “reform” proposal would represent.

    Of the three remaining contenders for the White House, Barack Obama, who desperately needs to change the subject away from race and his long time “spiritual advisor”, is the least knowledgeable about fiscal and economic matters (or military and foreign affairs) and the least experienced as well.

  • Tuna

    How do you measure “drag”?

    We have a standing armed force–so, if we’re talking about $$ here, wouldn’t the cost be the difference between deployment and non-deployment forces? Is that what we are talking about–or are the Dems just tossing out numbers?

    If we never deploy (no cause is worth it)–which is the Dem position when they are in their second-guessing, back-stabbing mode–in an election year, what sense does it make to have a standing force? There is no determent if there if the bad people know we will never whack ‘em.

  • robert108

    The Dems can’t seem to make up their minds whether the Iraq War is “a drag on the economy” or that it’s “beneficial to war profiteers”. Which is it? Either war is beneficial to our economy, or it’s detrimental to our economy. They can’t have it both ways.

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