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Wednesday, August 13, 2008


Why Do Liberals Only Admit That Government Spending Hurts The Economy When It’s Military Spending?

Barack Obama is hitting McCain on Iraq war spending hurting America’s economy.

Here’s the ad:

Transcript:

 

“Economics … by John McCain,” says the announcer in the 30-second spot. “Support George Bush 95 percent of the time. Keep spending ten billion dollars a month for the war in Iraq while the Iraqis sell oil for record prices — giving Iraq a $79 billion oil surplus, and hurting our economy.

“Barack Obama’s plan: End the war responsibly. Better schools. No more tax breaks for oil companies. Barack Obama … the Middle Class first.”

The problem: Obama is trying to spin the success of the Bush administration’s policies in Iraq, which McCain has supported, by suggesting that Iraq war spending has been bad for our economy.

The truth?  Iraq war spending is a fraction of our nation’s government spending.  A tiny fraction at that.

But it is interesting that Obama is suggesting that government spending on military is bad for our economy.  If that’s true, aren’t other types government spending bad for the economy as well?  We’re spending $27,289 tax dollars per year on each and every senior citizen in America.  Where’s Obama’s outrage over that?

If Obama were honest he’d admit that all government spending is a burden on the taxpayers which has a negative impact on the economy, and he’d also admit that it’s rather silly to point to Iraq war spending which is a tiny fraction of overall government spending (remember that America spends more on social entitlements alone than the entire world spent on all of its military and wars) while actually making campaign promises to increase other types of government spending.

It’s too bad Obama’s not honest.

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