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. See this, this and this.
But deficits don't matter, right? Wrong.
But We Had No Choice ... We Had to Fight Those Wars
But - you may say - we had no choice, we had to fight those wars because of 9/11.
Well, top British officials say that the U.S. discussed Iraq regime change long before 9/11. In fact, they say that regime change was advocated one month after Bush took office:
The Brits previously revealed that intelligence and purported facts of Iraq's weapons programs were "fixed around" the pre-set policy of invading Iraq.
The chairman of the British Joint Intelligence Committee in 2001 told investigators Monday that elements of the Bush Administration were pushing for regime change in Iraq in early 2001, months before the 9/11 attacks and two years before President George W. Bush formally announced the Iraq war.
Sir Peter Ricketts, now-Secretary at the Foreign Office, said that US and British officials believed at the time that measures against Iraq were failing: "sanctions, an incentive to lift sanctions if Saddam allowed the United Weapons inspectors to return, and the 'no fly' zones over the north and south of the country."
Ricketts also said that US officials had raised the prospect of regime change in Iraq, asserting that the British weren't supportive of the idea at the time.***
The head of the British Foreign Office's Middle East department, Sir William Patey, told the inquiry that his office was aware of regime change talk from some parts of the Bush Administration shortly after they took office in 2001.
"In February 2001 we were aware of these drum beats from Washington and internally we discussed it," Patey said. "Our policy was to stay away from that."
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