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Wednesday, November 25, 2009

Instead of Fixing the U.S. Economy or Creating Jobs for AMERICANS, Obama Will Spend The Money in Afghanistan and Iraq

America is in the most severe unemployment crisis since - and perhaps including - the Great Depression.

And yet Obama, like Bush, has done virtually nothing to create more jobs. Instead, they both gave trillions to the biggest banks (who are not loaning it out to the little guy) and for waging wars in Afghanistan and Iraq.

Obama is apparently escalating - not ending - the wars. And its not cheap.

According to the White House, the cost of deploying new soldiers to Afghanistan could be $1 million per soldier. Nobel prize winning economist Joseph Stiglitz says that the Iraq war will cost $3-5 trillion dollars.

As I have previously pointed out, protracted war increases unemployment, shrinks the economy, and causes recession.'

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