Thursday, June 29, 2006

$500 Billion and Rising

John Murtha has a short blurb at Huff Post about the cost -- so far -- of the wars in Iraq and Afghanistan: half a trillion dollars by the end of FY 07. Now let's not forget that that is just direct appropriations for the war efforts. But former World Bank economist Joseph Stiglitz has put the overall costs at upwards of $1-2 trillion, which includes ancilliary expenses, like long term care for wounded vets, etc..

This was the war that would pay for itself, according to many White House officials who, interestingly enough, have since buggered off.

2 Comments:

Anonymous robb said...

And all week long the press has been reporting the tremendous good that will come from the $60 billion Gates and Buffett are giving to humanity. From this money they are predicting cures for major diseases and millions of lives being saved. Gates and Buffett should be applauded for their generous gift to the world.

But every American is giving right now; albeit not to the Gates Foundation. We are each contributing to the $500 billion for this war. Sadly, no cures will come from this money. Only death, destruction and hate.

8:56 PM  
Blogger theBhc said...

You're preaching to the choir, mate. Preaching to the choir.

2:06 AM  

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