Bob Herbert: Cost of war, for our kids

 Bob Herbert, of the NYTimes:

Most of the time we pretend it’s not there: The staggering financial cost of the war in Iraq, which continues to soar, unchecked, like a rocket headed toward the moon and beyond.

 Early last year, the Nobel-Prize-winning economist Joseph Stiglitz estimated that the “true” cost of the war would ultimately exceed $1 trillion, and maybe even $2 trillion.

   Incredibly, that estimate may have been low.

    A report prepared for the Democratic majority on the Joint Economic Committee of the House and Senate warns that without a significant change of course in Iraq, the long-term cost of the wars in Iraq and Afghanistan could head into the vicinity of $3.5 trillion. The vast majority of those expenses would be for Iraq.

    Priorities don’t get much more twisted. A country that can’t find the money to provide health coverage for its children, or to rebuild the city of New Orleans, or to create a first-class public school system, is flushing whole generations worth of cash into the bottomless pit of a failed and endless war.

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One response to “Bob Herbert: Cost of war, for our kids

  1. TRM

    “A country that can’t find the money to provide health coverage for its children, or to rebuild the city of New Orleans, or to create a first-class public school system”

    We do have the money for these things and have allotted it. It is just mis-managed by a liberal government cyst.

    I don’t like spending all this money on our war on radical islam either. I do see the necessity for it though. I am optimistic that if we can maintain stablity and therefore, encourage private investment in iraq we hopefully can reap the fruits of our efforts via a sweet oil trade deal.. I remain optimistic…

    And as far as that report you mention prepared for the Dem majority, c’mon man, even you must know it was tailor made to suit the Dem(S) agenda, which is defeat.

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