Posted on 08/05/2007 11:27:15 PM PDT by John Farson
WASHINGTON -- 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.
[...] Some leading economists have predicted that, depending on how long troops remain in Iraq, the endeavor could reach several trillion dollars as a result of more "hidden" costs -- including recruiting expenses to replenish the ranks and the lifelong benefits the government pays to veterans.
(Excerpt) Read more at boston.com ...
Worth every penny.
What price freedom?
End entitlements to illegals and critically look at other entitlement programs for those who shouldn’t be drawing them and we can afford it.
We are at war, sacrifices must be made. If not, our way of life will be over all too soon.
9-11 cost us a trillion..
So do we wait around and lose 3 or 4 more trillion to terrorist... or do we spend a quarter of that on killing the son’s of bitches before they leave the desert?
(For those not all that familiar with economics, think of opportunity cost as the time and fuel lost when you've taken a wrong turn on a highway. It's not just that you have to come back to the same place where the error was made; you have also gotten no closer to your destination.)
Of course, if the money wasn't being spent on a war in Iraq the Congress would likely find something equally unproductive to waste it on.
Im sure Ron Paul would agree that what America needs is a popular cheap war....Perhaps we could pass a law that all future wars must last no longer than 18 months and the cost should be covered by product liscencing arrangements with major corporations.
We spend a half-trillion or so teaching people such as Porterville how to spell and punctuate sentences.
If that's not enough, we simply print more money.
Could. Yes, it conceivably could. But we cannot afford to lose this one.
what we should have done is confiscated every darn US dollar
that we found in Iraq when we invaded the damn place , and used that money to pay for the war initially.
I am sick of hearing how America cannot ‘afford ‘ to pay for
this fight , when every damn country on the planet is awash in our currency.....
Especially our enemies ! We should invade and take it all .
Hasbro could be required to send royalties to the Army for all the millions of GI Joe action figures it sells to the little warriors-to-be.
Instead of giving Monogram and Revel plans of their ships and aircraft, the Navy and Air Force could sell them the plans, then collect a percentage of the gross on all models sold.
Smacks of public-private partnership, but isn't that what conservatism is all about, making the government run more like a well-oiled business?
Ron Paul’s views on the WOT are no different than the far left. They are word for word.
I am sure the Paulites will enjoy having Hillary or Obama as their President, they are all the same as L Ron Paul.
If you want to BI*** about costs how about the Billions being spent supporting illegals and their is no end to the cost.
I’m leaning toward the later.
As always, you need the denominator of GDP to compare raw dollars. The federal “discretionary” budget likely would fund the USA remaking South America.
I’ll cue the banjo. Care to duel?
LOL..I believe I should have used latter insteasd of later..just to keep it “educated”..
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