Thursday, January 08, 2009

W. and the damage done - counting the cost of electing a dud President [SALON]

Here it is in a nutshell:
Amount the Bush administration estimated the war would cost from start to finish: $60 billion
Cost to conduct the war per month: $12 billion
Total cost of the |Iraq war: From the start of the war through 2017, "You can't get any lower than $3 trillion."
An Iraqi oil official says the country's oil revenues were up over 30 percent last year — to about $60 billion — despite the sharp decline in world prices in the last half of the year.

You do the math. Did it make economic sense - did the US make a profit/benfit from going to war? The simple answer is no. Here's another question: did certain contractors and individuals benefit/profit from the war (at the expense of a majority of Americans and Iraqi's. Obviously the answer is Yes.

clipped from www.salon.com
News
What follows is an incomplete inventory of eight years of mis- and malfeasance, but then a fuller accounting would run, um, somewhat longer than three pages.
The Bush White House's proposed cuts in public transit funding for fiscal year 2009

Though he capitulated in the face of overwhelming congressional majorities in favor of Amtrak, Bush threatened repeatedly to defund the national rail system altogether.

National debt: $10.6 trillion

Amount of that debt owned by China: At least $800 billion

clipped from www.salon.com
Cost: From the start of the war through 2017, "You can't get any lower than $3 trillion."
Amount of money earned by a married U.S. Army sergeant with children per day in Iraq in 2007:
$170

Amount of money earned by a Blackwater military contractor per day:
$600
Number of U.S. military deaths as of Jan. 7, 2009: 4,222
Cost of the new U.S. Embassy in Baghdad: $592 million
Cost to conduct the war per month: $12 billion
Amount the Bush administration estimated the war would cost from start to finish: $60 billion
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2 comments:

Anonymous said...

The scariest part of this is that we (ordinary) folk understand this but the guys running a country dont seem to get it or am I missing something or being stupid?

Nick said...

well it is scary, but you can hardly blame the politicians for screwing their constituents if their constituents are too lazy/intransigent/ignorant to do anything about it. Get angry, and if a president doesn't perform, impeach him or get rid of him. Think about it, Americans impeached Clinton for getting a blow job, and they allowed Bush to screw the whole country to kingdom come for not one term but two. I think the attention deficit disorder of the averahe american needs to be addressed, and as they begin to feel the pinch economically - as you are now - there will probably be a greater involvement in the administration of the country.