UnThreaded | Threaded | Whole Thread (28) | Ignore Thread Prev | Next
Author: spiritof78 Two stars, 250 posts Old School Fool CAPS All Star Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 35260  
Subject: Re: The Net Worth of American Households Date: 1/7/2007 6:01 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 1
Whats your source on the 2.2 trillion estimate? Are you including all spending on Iraq, Afghanistan and Homeland defense? Because the numbers on Iraq itself which is the country/war I assume your referring to. In fact I'm pretty sure that all spending might even all short of this. Is your number a broad projection of reset costs on equipment?

The most reliable estimate of total cost I have seen is $378 Billion. Definatly expensive and illustrated at the link below but nowhere close to 2.2 trillion.

http://costofwar.com/numbers.html

This site is actually from an Anti-war group and includes a list of other things that $378 billion could have been spent on. None the less their accounting seemed pretty solid to me.

Total lifetime costs may well end of up in the Trillion range when you count reset cost and deferred expenses (like VA benefits to War wounded etc.).

As far as so-called terrorists you can effectivly debate weather or not we brought them to Iraq with the invasion or not. You can argue intelligently that the War is couter-productive to the overall goal of reducing terrorism or the threat to US interests from Islamic Jihad. Being on the ground in Baghdad though I can definatly assert that there are terrorists here. The overall problem has shifted towards a Sectarian Civil War or Sectarian violence depending on whose wording you would like to use. That doesnt mean that Islamic Terrorist Groups are not operating frequently in Iraq.

Are you creating more terrorists than your killing capturing? Is a question for statemen and in general the whole country to answer. Once again though being on the ground in this country I can tell you there are indeed terrorists here.
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (28) | Ignore Thread Prev | Next

Announcements

2013 Feste Award Voting Begins!
Who will win the 2013 Feste Award? Vote now for the Fool that most exemplifies the Fool Community mission of Learning Together!
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Tax Strategies

TMFPMarti-Feeling Good
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement