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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: John Vosilla who wrote (87277)10/3/2007 11:15:27 AM
From: KyrosL  Respond to of 110194
 
Yes, just the current budget allocation. If you take into account the lifetime cost of the Iraq war, in particular the care of the severely injured veterans, Hillary's new baby program cost is truly trivial.



To: John Vosilla who wrote (87277)10/3/2007 11:56:45 AM
From: benwood  Respond to of 110194
 
That estimate I believe was from the GAO, about 18 months ago, and was based on the premise "if the war stopped now." It included interest on the loans to finance the war, the VA benefits to the end of the life of the last vet, etc. I believe the number was 2.2 trillion dollars at that time. I would guess the number is approaching 4 trillion dollars by now.

Denial may create an nice illusion for a while, but the reality only becomes more painful.


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