Little-known fact: Obama’s failed stimulus program cost more than the Iraq war | Washington Examiner

Little-known fact: Obama’s failed stimulus program cost more than the Iraq war

By: Mark Tapscott

Editorial Page Editor

08/23/10 11:32 AM EDT

Expect to hear a lot about how much the Iraq war cost in the days ahead from Democrats worried about voter wrath against their unprecedented spending excesses.

The meme is simple: The economy is in a shambles because of Bush’s economic policies and his war in Iraq. As American Thinker’s Randall Hoven points out, that’s the message being peddled by lefties as diverse as former Clinton political strategist James Carville, economist Joseph Stiglitz, and The Nation’s Washington editor, Christopher Hayes.

The key point in the mantra is an alleged $3 trillion cost for the war. Well, it was expensive to be sure, in both blood and treasure, but, as Hoven notes, the CBO puts the total cost at $709 billion.

via Little-known fact: Obama’s failed stimulus program cost more than the Iraq war | Washington Examiner.

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