US Taxpayers are Subsidizing Iraq’s Massive Budget Surplus

George is Keeping an Eye On You!

Thanks Congress.  We appreciate you guys and gals so very, very, much.  We thank you for sending our tax dollars to Iraq and making it possible for them to run the sort of surpluses we haven’t seen since Bill Clinton left office.

Even as the United States has been borrowing trillions to pursue its wars in the Middle East, the government of Iraq has posted a tidy surplus, according to a new Government Accountability Office report. The report makes a direct link between U.S. government spending — including $642 billion on U.S. military operations there and $24 billion for training and equipping the Iraqi security forces — and Iraq’s cumulative surplus of $52.1 billion through the end of 2009. For comparison purposes, Iraq’s annual gross domestic product is $65.8 billion. Meanwhile, the U.S. national debt has soared from $6.4 trillion to $13.4 trillion since former president George W. Bush invaded Iraq and decided to borrow the money for wars and slash taxes.

Thanks Congress. Really. I can’t use the words I’m thinking to express my feelings for you right now.

About Jim

I am a Pastor, and Lecturer in Church History and Biblical Studies at Ming Hua Theological College.
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1 Response to US Taxpayers are Subsidizing Iraq’s Massive Budget Surplus

  1. Acidri says:

    Wish I could anonymously laugh out loud….at your government. Her birds have come to roost with no eggs. Please remove the right upper disclaimer. Cynicism is best enjoyed in anonymity!

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