Preventing Armageddon Would Cost Only $100 Million … But Congress
The government has thrown tens of trillions of dollars at the big banks, even though bailing out the big banks hurts – rather than helps – the American economy. See this, this and this. (And it doesn’t take a PhD economist to guess that using bailout funds to buy gold toilet seats and prostitutes is probably not the best way to stimulate the economy as a whole)..
Nobel prize winning economist Joe Stiglitz says that the $3-5 trillion spent on the Iraq war alone has been very bad for the American economy. See this, this and this. Security experts – including both hawks and doves – agree that waging war against Iraq and in other Middle Eastern countries weakens national security and increases terrorism.