Skip to content

CNN Reports War Costs Could Total $1.6 Trillion!!

November 13, 2007

There is a price tag for the Iraq war that should shock every American.  CNN reports that the war effort is placing a drain on our economy, and forcing us to live in red ink.  Just think if this had been President Clinton’s war…can you image how the GOP would howl.  More on that in a moment, but first read about the price tag you are paying for this war.

The total economic impact of the wars in Iraq and Afghanistan is estimated at $1.6 trillion by 2009, a congressional committee said in a report released Tuesday.

That is nearly double the $804 billion in direct war costs the White House requested so far from Congress, the Joint Economic Committee said.

The committee estimated $1.3 trillion in war costs by the end of 2008 for Iraq, and the remainder for Afghanistan.

The total war costs could grow to $3.5 trillion by 2017, the committee estimated.

The higher total economic impact comes from, among other things, the cost of borrowing money to pay for the war, lost productivity, higher oil prices and the cost of health care for veterans, the committee said.

The committee calculated the average cost of both wars for a family of four would be $20,900 from 2002 to 2008. The cost for a family of four would go up to $46,400 from 2002 to 2017.

Had Bill Clinton orchestrated this war would all the current war talk by the GOP be supportive of him?  Would all these conservative talk show hosts and crazy bloggers on the right be sending up prayers of support for Bill Clinton as he waged his war?  I mean if the war is just as the GOP claims, and their rhetoric is correct that the terrorists are just waiting to leave Iraq to travel to Chicago if we were to pull our troops out, then the GOP would need to support Clinton’s war. Yeah, right!  The GOP would storm the White House with anger if this same Iraq War scenario had played out with a Democrat in the White House.

Every American should be mad as hell what President Bush has done to our nation.

Technorati Tags: , , , ,

2 Comments
  1. November 14, 2007 3:29 PM

    By the way, I have an addendum to the quote on the top of your web page: “If you can read this, thank a public school teacher. If it is in English, thank a soldier.”

  2. November 14, 2007 12:49 PM

    Well, this American is not mad at President Bush. Has the war gone perfectly? NO. What war has? WWII was on time and on budget, NO. President Bush took a stand and said we are not going to let the Islamo-Fascists take over and impose their lifestyle on all of us. This is the war of our lives. We lose, we lose everything. Our country, our borders and our culture. Do you not understand that the Islamo-Fascists war cry is CONVERT OR DIE!!!

Comments are closed.

%d bloggers like this: