http://www.washingtonexaminer.com/opinion/blogs/beltway-confidential/Little-known-fact-Obamas-failed-stimulus-program-cost-more-than-the-Iraq-war-101302919.html

Been awhile since we've had a good political discussion so consider this:

* Obama's stimulus, passed in his first month in office, will cost more than the entire Iraq War -- more than $100 billion (15%) more.

* Just the first two years of Obama's stimulus cost more than the entire cost of the Iraq War under President Bush, or six years of that war.

* Iraq War spending accounted for just 3.2% of all federal spending while it lasted.

* Iraq War spending was not even one quarter of what we spent on Medicare in the same time frame.

* Iraq War spending was not even 15% of the total deficit spending in that time frame. The cumulative deficit, 2003-2010, would have been four-point-something trillion dollars with or without the Iraq War.

* The Iraq War accounts for less than 8% of the federal debt held by the public at the end of 2010 ($9.031 trillion).

* During Bush's Iraq years, 2003-2008, the federal government spent more on education that it did on the Iraq War. (State and local governments spent about ten times more.)

China could completely devalue the dollar at any time if they choose because we owe them so much money. It's scary.

A budget surplus isn't a lack of deficit. It simply means that in those particular years, the government spent less money than it took in. It didn't change the fact that we still owed trillions of dollars to other countries. But it was a good thing.

The national debt is alternatively referred to as the national deficit. But that's the point I was making: a budget deficit is not the same as the total sum of money we owe to other countries.

The stimulus package doesn't really "save" jobs. It creates temporary jobs the same way FDR did in the 30s. The thing is, while some of these projects are much-needed things such as road repair, others are ridiculous. I'll spare you the details, but there are plenty of lists out there of ridiculous projects that stimulus money is being spent on. And the money being spent to create these jobs isn't worth it. For every dollar someone's earning, we're spending like a hundred. As much as I'm against government welfare, it would be cheaper and more effective to just write people checks than to come up with mindless busywork for them to do.

It would be ridiculous for China to even consider attacking us, aside from MAYBE Hawaii.
Fighting an intercontinental war simply doesn't work, unless you have strong allies already on the continent or unless your weapons are massively superior to your opponents' ones.

Besides, war isn't effective way to get people to pay up on a loan.