11/24/07

Iraq Money Down the Rat Hole

What can you get for a trillion bucks? Or make that $1.6 trillion, if you take the cost of the Iraq and Afghanistan wars as tallied by the majority staff of Congress' Joint Economic Committee (JEC).

Or is it the $3.5 trillion figure cited by Ron Paul, when expressing concern about the true cost of this war.

Given that the overall defense budget is now double what it was when Bush's father presided over the end of the Cold War, at a time when we don't have a militarily sophisticated enemy in sight, you have to wonder how this president has managed to exceed Cold War spending levels. What has he gotten for the trillions wasted? Nothing, when it comes to capturing Osama bin Laden, bringing democracy to Iraq or preventing oil prices from tripling and enriching the ayatollahs of Iran, while messing up the American economy.

But that money could have paid for a lot of things we could have used here at home. As Paul points out, for what the Iraq war costs, we could present each family of four a check for $46,000.

On the matter of covering the medically uninsured in America, it should be pointed out that we are the lone industrialized nation which can't afford to covered 47 million uninsured Americans.

[Excerpt of an article by Robert Scheer, Yahoo News]

No comments: