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Sunday, February 24, 2008
What the hell, it's only money posted by Clyde 5:47 AM The three trillion dollar war The cost of the Iraq and Afghanistan conflicts have grown to staggering proportions The Bush Administration was wrong about the benefits of the war and it was wrong about the costs of the war. The president and his advisers expected a quick, inexpensive conflict. Instead, we have a war that is costing more than anyone could have imagined. The cost of direct US military operations - not even including long-term costs such as taking care of wounded veterans - already exceeds the cost of the 12-year war in Vietnam and is more than double the cost of the Korean War. And, even in the best case scenario, these costs are projected to be almost ten times the cost of the first Gulf War, almost a third more than the cost of the Vietnam War, and twice that of the First World War. The only war in our history which cost more was the Second World War, when 16.3 million U.S. troops fought in a campaign lasting four years, at a total cost (in 2007 dollars, after adjusting for inflation) of about $5 trillion (that's $5 million million, or £2.5 million million). With virtually the entire armed forces committed to fighting the Germans and Japanese, the cost per troop (in today's dollars) was less than $100,000 in 2007 dollars. By contrast, the Iraq war is costing upward of $400,000 per troop. Most Americans have yet to feel these costs. The price in blood has been paid by our voluntary military and by hired contractors. The price in treasure has, in a sense, been financed entirely by borrowing. Taxes have not been raised to pay for it - in fact, taxes on the rich have actually fallen. Deficit spending gives the illusion that the laws of economics can be repealed, that we can have both guns and butter. But of course the laws are not repealed. The costs of the war are real even if they have been deferred, possibly to another generation. (Link) Permalink :: 3 comments :: Post a Comment




	We have already "won" the war in Iraq. We have killed Sadam,found the abscence of WMD's, Iraq has no chance of being a threat to us. They don't even have clean water or steady electricity. We have shown how awesome we are to a nation that was one of the poorest in the world. It's time to declare "victory" and spend a portion of the saved money to finance the rebuilding of what we have destroyed. Bullys have to reimburse their victims, a little thing called the law. There is no amount of money that will replace the hundreds of thousands of lost lives. Allowing the Hague to put Bush and Co. on trial would help. ADMITTING TO THE WORLD AND OURSELVES THAT WE BUTCHERED HUNDREDS OF THOUSANDS AND SACRIFICED THOUSANDS OF HUMAN LIVES FOR ABSOLUTELY NO REASON would go really far in helping our country and our world image. posted by md at 12:22 PM


	NEWS FLASH; A trillion is a thousand billion, but that does work out to a million million, don't it? Your math is confusing stupid ole me. My calculator broke. posted by math challenged at 12:31 AM


	3 trillion. That's $3,000,000,000,000.00 A million frikking million. That's hard to even imagine. To blow shit up and kill people for no apparent reason. There's your "fiscally conservative" Gee Dubya Bush. And the Republicans are too stupid to be ashamed or embarrassed. posted by Wally at 5:45 PM