Sep 1, 2010

About the Oval Office speech…

Two things most people took away from the Oval Office speech:

1) The war is over in Iraq.

2) There will be a federal cost saving as a result.

Not mentioned in the speech:

The stimulus program has cost more than the entire Iraq war!

The graph below shows deficits with and without the Iraq war.

The Iraq war spending is shown in blue. Other federal spending is shown in red. Notice how the skyrocketing red coincides with the Obama stimulus programs.