President Barack Obama delivered a speech Tuesday night announcing the end of combat operations in Iraq. Over the past 7 years, these conflicts have cost the United States an enormous amount of money. President Obama announced the war in Iraq was coming to an end and it is time to “turn the page.” The Obama speech was well-received and timely with the President promising that all American troops will be out of Iraq by the end of 2011.
Here is a passage from the Obama speech last night in case you missed it:
“Tonight, I am announcing that the American combat mission in Iraq has ended. Operation Iraqi Freedom is over, and the Iraqi people now have lead responsibility for the security of their country. This was my pledge to the American people as a candidate for this office. Last February, I announced a plan that would bring our combat brigades out of Iraq, while redoubling our efforts to strengthen Iraq’s Security Forces and support its government and people. That is what we have done. We have removed nearly 100,000 U.S. troops from Iraq. We have closed or transferred hundreds of bases to the Iraqis. And we have moved millions of pieces of equipment out of Iraq.”
The President went on to point the finger at Afghanistan and Iraq for using up valuable resources that could have helped to “shore up the foundation” of our economy. Obama explains, “We have spent over a trillion dollars at war, often financed by borrowing from overseas. This, in turn, has shortchanged investments in our own people, and contributed to record deficits.”