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Talent: “Obama May Use Military Spending to Stimulate the Economy” | Missouri Political News Service

Talent: “Obama May Use Military Spending to Stimulate the Economy”

December 2nd, 2008 by mopns · No Comments

As Congress spends $700 billion here, and $25 billion over there for bailouts to stimulate the economy, House Speaker Nancy Pelosi is proposing that another $500 billion go directly to taxpayers in the form of stimulus checks.

Former Senator Jim Talent suggests that President-elect Obama may attempt to stimulate the economy with military spending to replace equipment in Iraq and Afghanistan.

“It’s hard to see how the new administration can fix what’s been worn out in Iraq and Afghanistan, plus modernize the military for challenges elsewhere, without a $50 billion boost in spending on weapons and other equipment. “Read more…



Tags: Hon. Jim Talent

0 responses so far ↓

  • 1 Clay // Dec 2, 2008 at 4:34 pm

    The art of the stimulus check: Nancy Pelois is an American hero. In Nancy we trust. She gives us money.

    What a joke! Why don’t they do away with the federal income tax if they want a real stimulus package for taxpayers.

  • 2 Denny Long // Dec 2, 2008 at 5:54 pm

    We have just been warned of a massive terrorist attack on the U.S. within five years. Is now the time to cut defense spending? President Bush kept us safe since 9/11 now Mr. Obama admits he cannot do the same. McCain promised to keep us safe; too bad we did not listen!

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