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Friday 28 April 2006

So far Iraq has cost $1000 for every person in the USA

“The Iraq war has already cost the United States $320bn (£180bn), according to an authoritative new report, and even if a troop withdrawal begins this year, the conflict is set to be more expensive in real terms than the Vietnam War, a generation ago…

Iraq will have consumed $101bn in fiscal 2006 alone, almost double the $51bn of 2003…

Even if everything goes relatively smoothly, costs until a phase-out is complete could top $370bn.”

The Independent

Yes, 320 thousand million Dollars so far… Slightly more than one thousand Dollars for every person in the USA.

All for what exactly?

And even more staggering…

‘According to the Treasury Department, the forty-two presidents who held office between 1789 and 2000 borrowed a combined total of $1.01 trillion from foreign governments and financial institutions. But between 2001 and 2005 alone, the Bush White House borrowed $1.05 trillion, more than all of the previous presidencies combined.’

Rolling Stone magazine


Filed under: Politics — GS @ 12:48 am

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