Analysts say that 10% of our national budget is being spent on the Iraq war, so that's 565 BILLION we could have used for education, or infrastructure, or the arts for instance.
>"The cost of the war in Iraq and other military operations has soared to the point where "we are now spending on these activities more than 10 percent of all the government's annually appropriated funds,"
Those costs -- both to sustain the current mission in Iraq and to pay longer-term "hidden" expenses like troop healthcare and replacement equipment -- are far more than US officials advertised when Congress gave President Bush the authority to launch the invasion in March 2003.
However you slice it, analysts say the Iraq war may end up costing us a trillion dollars anyway, which is a helluva lot of money. Money that some boomers will never see as Social Security or Medicare.
You correct a statement and piss on whatever is left.
Current Events » in reply to "...completely overshadows all other national expenditures." Completely wrong.
The words were "unholy amount"
The whole thread (31 posts)
- Did anyone else see this stock market drop coming?
- So down about 1000 points since it hit 14000.
- Perspective
- I have to laugh at all the panic selling
- And here's PANIC! From the Fed.
- Sure. Did you see the "Cramer" interview cited on HZ?
- Not in the timing, but...
- A 5-10% correction could happen at any time.