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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Lizzie Tudor who wrote (113328)3/28/2008 9:00:26 PM
From: HawkmoonRead Replies (1) of 306849
 
We are spending between 12-15 BILLION PER MONTH in Iraq, is that necessary, NO.

Lady.. do you even read what you write??

Even at you unsubstantiated number of $15 Billion per month, that's $180 Billion per year, multiplied by the 5 Years we've spent in Iraq.. or $900 BILLION..

Now how in the hell do you get $4 Trillion out of $900 Billion?

Hell.. Dennis Kucinich even stated (June, 2007) that his claim that we would spend $2 Trillion in Iraq was based on a time span of 2017 (9 years from now!!):

There's some support for Kucinich's figure. It depends on how long the war continues and what one counts as a cost. The Iraq war already has cost $448 billion, counting emergency appropriations requested for the current fiscal year, according to the nonpartisan Congressional Research Service. If Pentagon requests are approved for the year starting October 1, the cost for Iraq will reach $564 billion, CRS says. And depending on how soon and how quickly troops can be withdrawn from Iraq, CRS projects that "total funding for Iraq and the GWOT [Global War on Terror] could reach from about $980 billion to $1.4 trillion by 2017." So far 74 percent of GWOT spending has been for the war in Iraq.

Other studies put Iraq costs even higher. Kucinich may have been referring to a Feb. 2006 report by Linda Blimes of Harvard University and Joseph Stiglitz of Columbia University. They estimated that the total cost of the war in Iraq could range from $1 trillion to $2 trillion, including such things as higher fuel prices and future health care costs for soldiers wounded in the war.

factcheck.org

You can be pissed because entitlement spending has increased, or because Bush passed tax cuts (which ALL of the current candidates are now thinking twice about eliminating), but don't blame it solely on spending for the war in Iraq.

Hawk
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