How Much Does 4 Years Of War Cost?
The U.S. Has Spent Close To $500 Billion On The War In Iraq
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Minnesota Democratic Sen. Amy Klobuchar (center), one of several U.S. lawmakers visiting U.S. troops over the weekend, poses in Kuwait, March 17, 2007, with soldiers from Minnesota. (AP/Office of Sen. Klobuchar)
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Iraqi children play by under a defaced mural of the deposed Iraqi dictator Saddam Hussein in his family's hometown: Tikrit, Iraq, March 18, 2007. (AP)
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Emily Bruce joins other anti-war protesters marching through the streets of San Francisco on March 18, 2007, to mark the fourth anniversary of the U.S. invasion of Iraq. (AP)
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A lot of money? No question.
But even though the war has turned out to be much more expensive than Bush administration officials predicted on the eve of the March 2003 invasion, it is relatively affordable — at least in historical terms.
Iraq eats up less than 1 percent of the nation's gross domestic product, compared with as much as 14 percent for Vietnam and 9 percent for Korea.
"I think it's hard to argue it's not affordable," said Steven M. Kosiak, director of budget studies at the Center for Strategic and Budgetary Assessments, a defense think tank in Washington, D.C.
The problem, he and other budget analysts argue, isn't so much the overall cost of the Iraq war. It's the way the government has chosen to pay for it.
For one thing, war funding for both Iraq and Afghanistan has come in the form of supplemental appropriations outside the normal federal budget process. Typically these "supplementals" are used to pay for unexpected emergencies such as Hurricane Katrina, and they receive much less scrutiny from Congress.
President Truman quit asking for supplementals after the first year of the Korean War. The Vietnam War started appearing in the federal budget beginning in 1966, the year after regular troops were committed.
But after four years the Iraq war is still being funded with supplementals. In December, congressional budget leaders from both parties sent a letter to President Bush asking him to start paying for Iraq through the traditional budget process. The administration has done that in its 2008 budget year request — but not before asking for another $100 billion supplemental to keep the war going through the end of this year.
And during previous wars, presidents have asked Americans to make tough sacrifices in order to help pay for the war effort, said Robert Hormats, a managing director at Goldman Sachs and author of the forthcoming book "The Price of Liberty: Paying for America's Wars."
Virtually every war in U.S. history has required the government to borrow at least some money, Hormats said. But Franklin D. Roosevelt also eliminated some New Deal programs and cut others to help pay for World War II (the most expensive of American wars, it cost more than $2 trillion in inflation-adjusted dollars). Truman raised taxes and slashed domestic spending to help pay for Korea.
"No such thing has occurred" during this war, Hormats lamented this month during a panel discussion held at the New School's Schwartz Center for Economic Policy Analysis in New York City. "This war we had no reassessment of fiscal policy, no alteration of fiscal policy to make room in the budget to pay for the war."
Instead, the war is being paid for with debt.
Administration officials downplay the war's cost and the growing defense budget, which will be larger by the end of this year than at any time since World War II.
Defense Secretary Robert M. Gates acknowledged in Congressional testimony last month that his department's 2008 budget request, along with supplemental funding for the war, had produced some "sticker shock." But he pointed out that defense and war spending is still only about 4 percent of the nation's total economic output, a much smaller fraction that it has been historically.
If anything, notes former Nebraska Sen. Bob Kerrey, that's a testament to how big and strong the U.S. economy has become in the past few decades.
"We've demonstrated tremendous capacity to do a very, very expensive program," said Kerrey, a Democrat who now serves as president of the New School.
He and others say that the continued strength of the economy itself is a demonstration of the war's affordability. But with projections that the costs of Social Security and especially Medicare are about to go through the roof — not to mention the possibility of future national security crises — the war is contributing to a fiscal problem that is expected to become increasingly apparent over the course of the next decade.
And the war's costs will continue to accrue long after the last U.S. troops finally leave Iraq. A recent study by Linda Bilmes of Harvard University's Kennedy School of Government put the total cost of providing medical care and disability benefits to veterans of Iraq and Afghanistan at $350 billion to $700 billion.
That huge cost is partly a result of the number and type of casualties the Iraq war has produced. Troops in Iraq have a much better chance of surviving serious injuries than those wounded in previous wars; there have been 16 troops wounded there for every fatality, compared to 2.6 injuries per death in Vietnam and 2.8 in Korea.
"While it is welcome news and a credit to military medicine that more soldiers are surviving grievous wounds, the existence of so many veterans, with such a high level of injuries, is yet another aspect of this war for which the Pentagon and the administration failed to plan, prepare and budget," Bilmes wrote in a January working paper.
In a study co-authored with Columbia University economist and Nobel laureate Joseph Stiglitz, Bilmes estimated that the real price of the Iraq war, when you add up spending to date, future costs and economic impacts such as elevated oil prices, is well over $2 trillion.
That's an impressive number. But it needs to be compared to the cost of leaving Saddam Hussein in power, said Steven J. Davis, a business professor at the University of Chicago.
"You might even still today hold the view that the other path would have been more costly in economic terms than the path we've gone down," Davis said.
Davis and two colleagues considered that possibility in a working paper they have presented several times and circulated through the National Bureau on Economic Research.
Certainly the military cost of keeping Saddam under wraps would have been less than the cost of the Iraq war. For more than a decade, enforcing no-fly zones and conducting weapons inspections contained the dictator at a fraction of the war's cost. Davis and his colleagues estimated that continuing that strategy would have cost of about $14.5 billion a year, a tenth of the cost of the Iraq war.
But what if it failed? What if an increasingly troublesome Saddam Hussein provoked repeated military responses from the United States? What if he grew more powerful and eventually had to be overthown by force? What if he sponsored a terrorist attack on the United States?
The Chicago team put the potential cost of such outcomes at anywhere between $50 billion and $700 billion. That's a shockingly broad range, and where the true figure lies depends on how much of a threat Saddam Hussein would have become had he remained in power — something nobody really knows.
MATT CRENSON
MATT CRENSON
© MMVII The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.
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See all 55 CommentsI was once proud to be american and proud to say i i'm a vet,now i just want out.You all in congress and capital hill and white house should be working for america and the americans that elected you to protect us,that isn't the case and i know why. I have been looking and found something that all america has forgotton.Who said this statement: If the personal freedoms of all americans by the Constitution and bill of right are Inhibiting the Government ability to (Govern)that meant control, the people of united states of america..Than we Should look to Limit those GUARANTEES #2.The united states Government CAN'T BE so fixed on our desires to preserve the RIGHTS of ORDINARY AMERICANS #3.I can do any ********* thing i want,I'm president of the united states and you dont forget that.....who am I..... so you all have been following your orders well i want you all to know that i hold all of you accountable for the murders of thousends of americans that have died and wounded in a war we have no buisness being in,
WWII was fought to protect our freedom. This war does not protect anything, it simply enhances the bottom line of big corporations.
THIS WAR IS ILLEGAL AND IMMORAL!!
How much does it cost? No matter, we're borrowing the money from China and sending the children of the poor to fight it. We can just pay the interest and charge it up indefinitely. Besides it's been a boom for Halliburton and other Bush friends.
Sounds like the author of this garbage still has Richard Perle's tiny phallus floating in his mouth.
The long-term direct financial cost of the illegal U.S. war of aggression against Iraq is estimated at closer to $2.5 trillion.
http://www.newstatesman.com/200703120024
www.rollingstone.com/politics/story/12855294/national_affairs_the_2_trillion_dollar_war
The cost in blood now stands at 3200+ dead U.S. soldiers, and 655,000 dead Iraqis.
The greatest cost, however, is the loss of our digminy, our self-respect, and our freedom.
HERE ARE THE REPUBLICAN SENATORS UP FOR REELECTION IN 08 WRITE THEM ASK THEM IF THEIR SUPPORT FOR ISRAEL TRUMPS THEIR DUTY TO THE AMERICAN PEOPLE WHO ARE BEING KILLED FROM THEIR STATES?
ASK THEM HOW MUCH AIPAC INFLUENCES THEIR VOTES ON IRAQ?
http://www.aipac.org/forms/join_aipacClubs.htm
Alexander, Lamar- (R - TN)
Allard, Wayne- (R - CO)
Chambliss, Saxby- (R - GA)
Cochran, Thad- (R - MS)
Coleman, Norm- (R - MN)
Collins, Susan M.- (R - ME)
Cornyn, John- (R - TX)
Craig, Larry E.- (R - ID)
Dole, Elizabeth- (R - NC)
Enzi, Michael B.- (R - WY)
Graham, Lindsey- (R - SC)
Hagel, Chuck- (R - NE)
Inhofe, James M.- (R - OK)
McConnell, Mitch- (R - KY)
Roberts, Pat- (R - KS)
Sessions, Jeff- (R - AL)
Smith, Gordon H.- (R - OR)
Stevens, Ted- (R - AK)
Sununu, John E.- (R - NH)
Warner, John- (R - VA)
If you think Americas sacrifice is worth it contact your ELECTED OFFICIAL and tell them http://www.visi.com/juan/congress/
The House Speakers email address: AmericanVoices@mail.house.gov
info@gop.com Here is the Republican Party email address too!
democraticparty@democrats.org Here is the Democratic Party email address also!
Oh yeah we can afford it! funny though how we CANT afford to use that kind of money to feed and house the homeless, jobless families, people undergoing cancer treatment and can't work etc. We can't afford dental care for Americans, newer schools or repairing them, roads, bridges etc, but we sure as hell can afford a trillion dollars for a kraphole country like Iraq and rebuid THEIR roads, bridges,schools.
BUT what would the cost be IF we were not fighting the terroists overseas.
We can't even imagine what the cost would be IF we were fighting HERE on U.S.A. SOIL!!!!!!
BUT what would the cost be IF we were not fighting the terroists overseas.
We can't even imagine what the cost would be IF we were fighting HERE on U.S.A. SOIL!!!!!!
Posted by bmsbms29 at 05:31 PM : Mar 18, 2007
We are NOT fighting terrorists in Iraq! There were NO al Qaeda in Iraq before the war and there are da*mn few of them there now! We are in the middle of a civil war between the Sunni and Shia, NOT fighting al Qaeda!! This whole "We're fighting them there so we don't have to fight them here" is a line of complete bullsh*it from Bush that even he has abandoned saying because of how stupid it is. If we pull out of Iraq the Iraqi's are NOT going to come over here! That whole concept is ignorant! They are also not going to tolerate al Qaeda basing itself in THIER country. They don't want terrorists in their country now anymore then they did when Saddam was in power and he killed them whenever he could. When we took out Saddam we took out a madman, yes, but also the biggest enemy that bin Lade and Iran had in the region. That's why this has been FUBAR since the beginning.
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What an utterly moronic statement. What kind of ships do you think all those stone throwing terrorists would have shown up on here at America's doorstep?
The fact of the matter is that on 9/11 ---WE--- LET THE TERRORISTS INTO THE UNITED STATES.....they never "invaded".
This is garbage! What if? This guy must have gotten his PHD from a cereal box!
We were told that if we didn%u2019t invade Sadam would use his alliance with Bid laden and it would come at the price of a mushroom cloud. There were supposed to be WMDs scattered all over Iraq if you believed Colon Powells presentation at the UN.
When it became obvious there were no WMDs in Iraq this administration quickly flip flopped their position and stated the invasion was worth it because Sadam was out of power.
The facts are very simple. We cannot trust anything this administration tells us because reality has turned out to something completely different from what is being disclosed.
Remember Mission Accomplished!
Considering the credibility this administration has, there is no way they can even hope to build an international alliance to help us stabilize the Middle East.
An international alliance will only be possible when this administrations term is up and we have a new president that can restore our credibility in 2008.
Hopefully, we won%u2019t be at war with Iran by then.
Will these idiots please do their patriotic duty to become informed citizens, then pressure congress for impeachment, then JAIL for Cheney and Bush.
Fake WMDs, Fake Aluminum Tubes, Fake yellowcake uranium from Niger, Fake "intelligence sources", Fake bio-mobile labs, Fake UN violations, Fake Al Queada Links to Saddam, Fake color coded terror alerts to keep us good and scared, Fake Flag-waving patriotism.... ALL LIES. Do your homework.
3,200 dead troops, tems of thousands maimed for life, a couple hundred thousand dead Iraqis, cities in ruins, War Costs of %600 Billion (so far), we are LESS SAFE, the region has been destabailized, Iran's power has been increased...
The troops are at WAR, America is at the Mall. The rich are spending massive tax cuts, the national debt is exploding...
What a $*#*!@-ing DISASTER!
WAKE UP and join your patriotic fellow citizens protesting this horrific needless WAR!!
JAIL BUSH JAIL CHENEY and throw away the key
Posted by mh4cbs1 at 11:56 PM : Mar 18, 2007
Personally I think that many of them do realize that Bush screwed them too (I mean you'd have to be a drooling idiot to believe anything he says any more, though there are a few of those who post here). I think they're like people who've been conned by a really good con man. They know they've been fu*cked, but they're too embarrassed to admit it. they don't want anyone else, esp not democrats, to know that they were stupid enough to fall for Bush's lies. What we need is a sort of 12 step program. A Bushacoholics Anonymous for people to embarrassed to admit the truth. They were had. They were conned. They were hoodwinked.
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Yeah. Right... like this country could afford any of Bush's criminal neglect and incompetence. Waste is waste.
Iraq is affordable? Think again. Try telling that to the medical researchers struggling to fund a cure for cancer, heart disease, birth defects. Their programs are history, because two Abrams treads-- blown off by an IED-- cost $2 million. Try telling that to the Boomers (and their own children) who must endure the fiscal debt load for decades.
Try telling that to Americans who have noticed a sharp drop in the quality of the social fabric-- little things like care for seniors, and VA services for even Iraq vets. Everyone seems to be short of the money to provide the essentials
we expect of a decent society.
Meanwhile, like a reincarnated Albred E. Newman, George ("What? Me Worry?) Bush is scrambling to save himself from his own schemes, gone awry-- but at our expense, we can be sure.
Iraq never was self-defense and has no connection to 911. Iraq is Bush's Boondoggle-- let him pay for it. Too bad, however, for the 3200 American dead who trusted Bush knew what he was doing.
Founded in 1953 by Isaiah L. "Si" Kenen, AIPAC's original name was the American Zionist Committee for Public Affairs. According to UCLA political science professor and author, Steven Spiegel, "the tension between the Eisenhower administration and Israeli supporters was so acute that there were rumors that the administration would investigate the American Zionist Council. Therefore, an independent lobbying committee was formed, which years later was renamed [AIPAC]." [SPIEGEL, p. 52].[citation needed] Today, AIPAC has over 100,000 members.[1]
Activities and stated goals
AIPAC's stated purpose is to lobby the Congress of the United States on issues and legislation "to ensure that the U.S.-Israel relationship is strong so that both countries can work together" to meet the challenges of "stopping Iran from acquiring nuclear weapons, fighting terrorism and achieving peace".[2] It regularly meets with members of Congress and holds events where it can share its views. It also provides analysis of the voting records of U.S. federal representatives and senators with regard to how they voted on legislation related to Israel. The New York Times described AIPAC on July 6, 1987 as "a major force in shaping United States policy in the Middle East."
READ AIPAC AD BELOW
http://www.aipac.org/forms/join_aipacClubs.htm
RandalDS,
There is a theory called Cognitive Dissonance that explains this.
* if someone is called upon to learn something which contradicts what they already think they know %u2014 particularly if they are committed to that prior knowledge %u2014 they are likely to resist the new learning. Even Carl Rogers recognised this. Accommodation is more difficult than Assimilation, in Piaget's terms.
* and%u2014counter-intuitively, perhaps%u2014if learning something has been difficult, uncomfortable, or even humiliating enough, people are less likely to concede that the content of what has been learned is useless, pointless or valueless. To do so would be to admit that one has been "had", or "conned".
Posted by bandit931 at 12:05 PM : Mar 19, 2007
You are correct. Please don't judge America or even 20% of America based on what you read here.
There is a regular crew of flaming left wing liberals who have all the answers. They are regulars on here and seem to make a living bashing America and Bush. I guess that's all they have.
And for what? To benefit Exxon/Mobil, Halliburton, and KBR? I believe that one need only to follow the war profiteering money trail to find out just how much is wrong with this war and why I detest what is happening now.
And before the Bush apologist start bashing my post, let me say this: I get irritated when I am told that I am somehow undermining troop morale, that I hate America, that I'm a traitor, that I'm unpatriotic,.....whatever...you name it....just because I choose to speak out against the actions of this corrupt administration. I love my country and that is why I am willing to speak up.
This war has been a grave error.
This war has been a grave error.
Posted by scott4261 at 01:28 PM : Mar 19, 2007
Corrupt? How so? Let's see all your damning evidence. And I'm not talking about your left wing talking points......I'm talking about hard evidence!
I agree, the war was an error. But unlike your kind, Americans don't stab their president in the back in front of the whole world. Pay attention.....if you badmouth the president, and the president sent the troops, then you are badmouthing the troops. Get it?
Let's see...
Republicans say they SUPPORT the troops. They willingly send our men and women into a battle with LESS than appropriate equipment. They are slaughtered every day for a war we supposedly won a long time ago. They're fighting a war of ideas which they cannot win. BUT hey ,they support the troops by putting that yellow sticker on their SUV's; wonderful support.
Democrats on the other hand, value the LIVES of the troops by wanting them back home. What more could we dems do to prove we support the troops? We don't want them killed over Bush's war on ideas which cannot be won. INstead, we want them here so they can be with their families and friends and LIVE. And this is somehow emboldening the enemy? HUH?
have the cons realized that our military is stretched so thin that if we DO get some kind of attack on our homeland right now, we're COMPLETELY vulnerable?? Did you know that? Yet DEMS are the ones who hate America?? Sounds to me like the CONs are the ones who HATE america and our troops and their families. Geez, everything that is going on proves it. They hate America SO MUCH that they're willing to vote away the freedoms of citizens (a la the Patriot Act, what a farce).
For once CONs, stop thinking about who will win an election and do what is RIGHT!!!!! What is RIGHT is we get out of this ridiculous war based on FALSE info and attend to matters at HOME in AMERICA... you know, the America that you CONs say that we DEMs hate.
Posted by US_Infidel
That is about the most ignorant thing I have ever read. I personally spit on Bush while I honor the troops.
"I agree, the war was an error. But unlike your kind, Americans don't stab their president in the back in front of the whole world. Pay attention.....if you badmouth the president, and the president sent the troops, then you are badmouthing the troops. Get it? "
That's such bullsh*t and you know it. We bad mouth the president because he's wrong on just about EVERYTHING including this war. "The war was an error" you say. If he had not gone into the war in the first place (LIKE THE DEMOCRATS WHO ARE NOT IN OFFICE TRIED TO TELL HIM OVER AND OVER AGAIN), then there would be no troops dead in Iraq today. THAT is supporting the troops. Blindly going into war and then YOU supporting him solely because he is the president thereby getting THOUSANDS of innocent Americans KILLED in the process is NOT supporting the troops. YOU are directly responsible for their deaths in a war that we cannot win. You are implicit in their deaths and not a D*MNED thing you say can get you out of it.
Supporting your troops is wanting them ALIVE, not purposefully wanting them to DIE for an idealistic war which has created MORE terrorists than EVER before. Unbelieveable.
BTW, your intention on wiping out terrorism is honorable. EVERYONE has that same exact goal. However, the ability to do so is like wiping out the balance between good and evil. It is too grand an idea. It's like saying "We want world peace and will kill everyone who is against it to get there"
If he is serious, then that's scary.. he's willing to blindly follow anything his master Bush tells him to do... truly sick.
Unlike you and others who cannot find fault with Bush on ANYTHING, I read and get my news from sources other than FOX News. It takes quite a bit more research because the notion of a "liberal media" is a myth perpetuated by the Limbaughs and Hannitys of the broadcating business it you guys just eat it up. Even to call CBS "liberal media" is a joke.
The list of corruption is way too long for one post. Off the top of my head, though; if the I. Scooter Libby trial, Valerie Plame, the Department of Justice scandal, the balnatant stealing of elections and suppression of eligible voters, and the Iraq war along with the war profiteering that drives it are not enough to convince you, then you are as myopic as they come.
But then, you are one of the most consistant of the Bush apologists on these blogs. You enjoy your punch.
Unlike you and others who cannot find fault with Bush on ANYTHING, I read and get my news from sources other than FOX News. It takes quite a bit more research because the notion of a "liberal media" is a myth perpetuated by the Limbaughs and Hannitys of the broadcasting business it you guys just eat it up. Even to label CBS as "liberal media" is a joke.
The list of corruption is way too long for one post. Off the top of my head, though; if the I. Scooter Libby trial, Valerie Plame, the Department of Justice scandal, the blatant stealing of elections and suppression of eligible voters, and the Iraq war (along with the war profiteering that drives it) are not enough to convince you, then you are as myopic as they come.
But then, you are one of the most consistent of the Bush apologists on these blogs. You enjoy your punch.
The raping of taxpayers fund to feed private corps. and privatized "detention" centers, privatized religious patronage for profit....
We could ALL be millionaires in this country.
Its largest obtainable government contract is with the State Department, for providing security to US diplomats and facilities in Iraq. That contract began in 2003 with the company's $21 million no-bid deal to protect Iraq proconsul Paul Bremer.
June 2004 Blackwater has been awarded $750 million in State Department contracts alone.The size and scope of the government contracts awarded to Halliburton in connection with the war in Iraq are significantly greater than was previously disclosed and demonstrate the U.S. military's increasing reliance on for-profit corporations to run its logistical operations. Independent experts estimate that as much as one-third of the monthly $3.9 billion cost of keeping U.S. troops in Iraq is going to independent contractors.
The value of Halliburton's Iraq contracts has crossed the $10 billion threshold. Halliburton has now received $8.3 billion in Iraq work under its LOGCAP troop support contract and $2.5 billion under its no-bid Restore Iraqi Oil (RIO) contract, a total of $10.8 billion.
You and your ilk are naive, knee-jerk reactionaries who believes EVERYTHING you read that fits your idealogy - even when it is completely unsupported with facts. Everything you hear that does not support your PARANOID worldview, you catergorize as a conspiricy from the evil media.
You continue to support an administration in the face of irrefutable evidence indicating wrongdoing on every level. You do so in three steps, deny, distract and defend.
"Gonzales didn't lie!"
"Oh! Hey, look over there..."
"He had to lie to protect patriotism and national security!"
I am so sick and tired of the neo-cons WHINING about the liberal media, the alleged moral vacuum of the Democrats and the historically innaccurate fiscal irresponsibility of the left (in fact history says the opposite). It has all the tone and tenor of a SPOILED CHILD who cries when he or she doesn't get his way, and smirks and flaunts when she does.
The neo-cons, and thereby the entire Republican party by association, is a JOKE!
People like you should not be allowed to vote.
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