Increasing government spending is one thing, and unlike many here, not neccesarily a bad thing in my opinion. Doing so through deficit spending is another, something i’m not particularly keen on. But to try and claim that getting out of Iraq frees up funding to commit to other uses is ludicrous, and builds on the assumption that deficit spending its the norm. You want to institute deficit spending to increase government? Fine. But call it that, don’t pretend there’s a magical pot of excess money that can be tapped once it’s not going to fight the war in Iraq.

1. the $25B is just what Barney Frank thinks is the beginning and they will likely require more money in the future

2. to turn a big company like GM around its going to take some seriously talented people but by restricting the bonuses and salaries, I’m not sure how GM expects to recruit and hire the engineering and marketing talent needed to build fuel efficient cars and market the new brand properly.