A real cost of the IRAQ War

For what we spend on just ONE DAY of the Iraq War (approximately $720 million), we could provide:

· 12,478 elementary school teachers, or
· 163,525 people with health care, or
· 6,482 families with homes.

taken from God’s Politics

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2 responses to this post.

  1. Let’s not for get our engagement in Afghanistan…tack on an extra 1.6 billion per month. How is this financed?

    “Congress has funded the war by passing a series of so-called “supplemental” spending bills, which are passed outside of the normal appropriations process and thus deemed off-budget.

    This is fundamentally dishonest: if we’re going to have a war, let’s face the costs– both human and economic– squarely. Congress has no business hiding the costs of war through accounting tricks.

    As the war in Iraq surges forward, and the administration ponders military action against Iran, it’s important to ask ourselves an overlooked question: Can we really afford it? If every American taxpayer had to submit an extra five or ten thousand dollars to the IRS this April to pay for the war, I’m quite certain it would end very quickly. The problem is that government finances war by borrowing and printing money, rather than presenting a bill directly in the form of higher taxes. When the costs are obscured, the question of whether any war is worth it becomes distorted.

    Congress and the Federal Reserve Bank have a cozy, unspoken arrangement that makes war easier to finance. Congress has an insatiable appetite for new spending, but raising taxes is politically unpopular. The Federal Reserve, however, is happy to accommodate deficit spending by creating new money through the Treasury Department. In exchange, Congress leaves the Fed alone to operate free of pesky oversight and free of political scrutiny. Monetary policy is utterly ignored in Washington, even though the Federal Reserve system is a creation of Congress.” (paul)

    Soooo…any household, business, or nation cannot survive when it spends more than it makes…eventually it is overtaken (reposessed) by its lenders. This is happening as we apeak in England as a result of too many ill funded social bills.

    Reply

  2. I have never seen it broken down like that…amazing…

    Reply

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