The IUSB Vision Weblog

The way to crush the middle class is to grind them between the millstones of taxation and inflation. – Vladimir Lenin

FNC Analysis of Republican Stimulus Alternative Plan

Posted by iusbvision on January 31, 2009

Obama’s own economic model shows the GOP plan is better.

Ed Morrissey Analyzes:

I will share the numbers, though, because all of us should be shouting these comparisons from the rooftops:

  • The Louisiana Purchase: $217,000,000,000.  (No wonder people thought Jefferson was insane.)
  • The race to the Moon: $237,000,000,000.
  • The New Deal: $500,000,000,000.
  • The Iraq War: $597,000,000,000.
  • The Obama-Reid-Pelosi Porkfest Stimulus:$1,173,000,000,000.

The Iraq War figure uses the mathematics of its critics, which includes the normal cost of the armed forces during that time regardless of their deployment — but so much the better for this comparison.  We could buy more of North America and do another moon shot, and we’d not only spend less than half of the current stimulus, we’d create a lot more jobs, too.  The so-called stimulus costs more than the Iraq War and the New Deal put together.

And while the Iraq War ostensibly cost more than the New Deal, it didn’t leave America anywhere near as bankrupt as the government meddling in the lending markets did.

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