Wednesday, August 01, 2007

Iraq War Could Cost 1 Trillion Dollars

What do US taxpayers have to show for the one trillion dollar cost?
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.

The United States has already allocated more than $500 billion on the day-to-day combat operations of what are now 190,000 troops and a variety of reconstruction efforts.

In a report to lawmakers yesterday, the nonpartisan Congressional Budget Office estimated that even under the rosiest scenario -- an immediate and substantial reduction of troops -- American taxpayers will feel the financial consequences of the war for at least a decade.
Nothing has been accomplished except to fuel more worldwide terrorism and grow our budget deficit. The next time you see crumbling infrastructure within the United States you need to remember that.

This war has been a disaster on every conceivable level. This report just points out the financial ramifications. Electing morons has consequences and we will be feeling those consequences for a generation.

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