Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: Hawkmoon who wrote (204315)	9/25/2006 5:48:41 PM
From: sylvester80	Read Replies (1) \| Respond to of 281500

If there are any economists that are freaking clueless, they certainly are all working for the Bush administration. Actually all you have to look at is what the Bush administration said the Iraq war was going to cost and what it has cost so far. They were off the mark by a factor of 6. And the more years we stay there the more closer we get to a trillion. We are at $318.5 BILLION right now and climbing. 2.5 more years of this and we'll be over 1/2 a trillion. costofwar.com Here is what your lying Bush administration said: iraqfoundation.org and what the facts are with lots of links: CLAIM: Iraq will be “ an affordable endeavor ” that “ will not require sustained aid ” and will “be in the range of $50 billion to $60 billion .” – Budget Director Mitch Daniels [Forbes 4/11/03, W. Post 3/28/03, NY Times 1/2/03, respectively] FACT: The Bush Administration has requested approximately $166B – including $87B in Sept. 2003 - for operations in Iraq, despite firing top economic adviser Lawrence Lindsey for suggesting (accurately) before the war that a war in Iraq would cost at least $100 to $200 billion of dollars. CLAIM: “Costs of any such intervention would be very small.” - Top White House Economist Glen Hubbard [CNBC, 10/4/02] FACT: The Bush Administration has requested $20 billion for reconstruction in Iraq – despite the pledge that the U.S. would only fund $1.7 billion. CLAIM: Paul Wolfowitz “dismissed articles in several newspapers this week asserting that Pentagon budget specialists put the cost of war and reconstruction at $60 billion to $95 billion in this fiscal year.” [NY Times, 2/28/03 ] americanprogress.org