Iraq war bill could top $2.6 trillion
Not only is the war killing or maiming tens of thousands of Americans — it is also bankrupting America!
commentary by David Duke —
Reuters reports that a new study by Nobel Prize-winning economist Joseph E. Stiglitz and Harvard lecturer Linda Bilmes has concluded that the Iraq War is projected to cost over 2.6 trillion dollars. That’s the cost even if America completely withdraws from Iraq within four years. It doesn’t take into account a many years drawn out or escalating conflict.
The horrendous loss of over 2200 American lives and over 16,000 crippled or maimed Americans is enough reason for all true American patriots to reexamine this insane war that is only making America more hated and vulnerable to terrorism.
The costs of the war have previously only dealt with the direct military costs and not the associated costs that come with the conflict. For instance, the estimates never addressed the long term medical care of tens of thousands of American veterans of Iraq. For instance, the Pentagon’s figures show that over 30 percent of returning Iraq Veterans have mental health problems requiring long-term care.
The economists have projected these costs and other associated with the Iraq War and they have projected a total cost of over 2.6 trillion dollars. Even their most conservative estimate is over 1 trillion dollars.
To get an idea of the astromical figure of 2.6 trillion dollars, consider that the entire budget of the U.S. Government for 2006 is less than 2.6 trillion dollars!
Consider that the federal government spends only:
69 billion total on Education
259 billion total on Health
293 billion total on Medicare
516 billion total on Social Security for tens of millions of American retirees and disabled.
Consider that saving 2.6 trillion dollars would enable the deepest tax cuts in history for the hard-pressed working people of America.
2.6 trillion would finance the entire university of education of every American college student for years.
It would provide every working American with complete medical insurance for years to come.
The Jewish Extremist Neocons in Government and Media have lied America into this War for Israel at a huge cost to every productive American.
This insane expenditure comes at a time….
At a time when record numbers of tax-paying Americans are going bankrupt.
When tens of millions of working, taxpaying Americans cannot afford medical
insurance for their families.When businesses are failing because of high taxes, and high gas and energy prices.
When college students simply cannot afford higher education and are mortgaging their futures with huge tuition loans they may never be able to repay or even to escape in bankruptcy.
The facts about the true costs of this insane war should be on the front pages of American newspaper, the lead story on every national news broadcast.
Why not?
The answer to that question will explain many more aspects of our failed national and international government policies.
It lies in the fact that the so-called American media could rightly be called the Israeli media in that it is dominated by Jewish extremists. See Who Runs the Media?
The usual suspects are leading our country to disaster, not only in the Iraq War but in immigration policy and on many other issues of vital importance to the American people.
Learn the facts here on www.davidduke.com !
—David Duke
Cost of Iraq War could exceed the cost of 2.6 billion U.S. Dollars– from Reuters
January 10, 2006
The cost of the Iraq war could top $2.6 trillion, far above the US administration’s pre-war projections, according to a new study.
The study takes into account long-term costs such as lifetime health care for thousands of wounded US soldiers.
Columbia University economist Joseph E Stiglitz and Harvard lecturer Linda Bilmes included the disability payments for the 16,000 wounded US soldiers, about 20 per cent of whom suffer serious brain or spinal injuries.
They said US taxpayers will be burdened with costs that linger long after US troops withdraw.
“Even taking a conservative approach, we have been surprised at how large they are,” the study said, referring to total war costs.
“We can state, with some degree of confidence, that they exceed a trillion dollars.”
Estimated U.S. Federal budget authority as presented in the President’s budget (in million USD)
National Defense 423,098
International Affairs 29,569
General Science, Space and Technology 24,459
Energy 1,883
Natural Resources and Environment 30,286
Agriculture 22,353
Commerce and Housing Credit 8,092
Transportation 69,494
Community and Regional Development 12,949
Education, Training, Employment and Social Services 91,817
Health 248,780
Medicare 293,574
Income Security 342,324
Social Security 516,457
Veterans Benefits and Services 65,444
Administration of Justice 40,781
General Government 19,392
Net Interest 177,909
Allowances (798)
Undistributed Offsetting Receipts (63,108)
Total: 2,354,755
