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08-24-2010, 10:16 PM #2
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Obama's Failed Stimulus Cost More Than Iraq War
Bush spent $850B in 2008 on his recovery programs. Obama's will cost $787B over ten years.
Obama's plan:
$288B in tax cuts, for both individuals and businesses.
$155B to sure up health care (including Medicaid, Veterans Health, COBRA, etc)
$100B in education spending so that schools didn't have to fire all of the teachers.
$82B in low-income help, like unemployment insurance, social security, vocational training, etc.
I say he should have let the economy collapse. Let all of the banks and businesses fail, and have unemployment rise to 100%. That would have been the better choice.
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