Sunday, September 05, 2010

$3 trillion and beyond

When ever you hear Anyone speaking about Tax Cuts, especially that they create jobs but that's another issue, what they are saying is that they had no problem Rubber Stamping Everything for Their Wars of Choice and Now They Once Again Don't Want To Pony Up In Keeping The Promises Made To Those They Sent and Are Still Sending, DeJa-Vu all over again!!

The true cost of the Iraq war: $3 trillion and beyond

September 5, 2010 - Writing in these pages in early 2008, we put the total cost to the United States of the Iraq war at $3 trillion. This price tag dwarfed previous estimates, including the Bush administration's 2003 projections of a $50 billion to $60 billion war.

But today, as the United States ends combat in Iraq, it appears that our $3 trillion estimate (which accounted for both government expenses and the war's broader impact on the U.S. economy) was, if anything, too low. For example, the cost of diagnosing, treating and compensating disabled veterans has proved higher than we expected. {read more}

No comments: