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Wednesday, August 01, 2007

THE COST OF WAR

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Iraq is costing the U.S. dearly in blood and treasure. The blood costs are tragic, and the treasure is exorbitant.

The war in Iraq could ultimately cost well over a trillion dollars — at least double what has already been spent — including the long-term costs of replacing damaged equipment, caring for wounded troops, and aiding the Iraqi government, according to a new government analysis.

The United States has already allocated more than $500 billion on the day-to-day combat operations of what are now 190,000 troops and a variety of reconstruction efforts.

In a report to lawmakers yesterday, the nonpartisan Congressional Budget Office estimated that even under the rosiest scenario — an immediate and substantial reduction of troops — American taxpayers will feel the financial consequences of the war for at least a decade.

Remember in 2002, when administration officials boasted about how this war could be fought on the cheap, and how Iraq would quickly finance itself?

3 comments:

cats said...

ok, i should be saying something about the cos tof the war in iraq (which i was vocally opposed to from the git go) but all i can do is groove to the music that now plays! how long has that been going on?

RIC said...

Dear Don! Shortly after the «monkey in business» declared (I believe it was in California) that the war in Iraq was finished and had been a success - how many years ago did that happen already?... - I read an article in «Der Spiegel» showing ALL the connections between American companies and gigantic business possibilities in Iraq (as soon as American troops were on the field, the «big money party» would start).
So this doesn't surprise me at all... Maybe American public opinion in general should be more attentive to what is said elsewhere in the world... «Home saints work no miracles»... Just a suggestion...
Hugs! :-)

RIC said...

... By the way, thank you so very much for Leonard Cohen's song!!! Absolutely marvellous!
He always reminds me of some glorious days I spent in Toronto!
Great memories!...
:-)