Approximately 3 weeks since US starts its campaign, US government have already
spend about 75 billion US dollars directly on the war.
Since the war is expected to last for some time, Pantegon have already layout a
war budget of $344billion USD to removing saddam.
The $344Billion is just a small portion, more greater economic costs(or risks) of the
war include:
1) Hundreds of American Soldreds, thousands of Iraqis soldreds and civilians' lives
2) The direct economic impact of war, including consumer spending, stock market,
3) A rocketing oil price that may devaste some american industries.
4) The future military and security budget may be a lot more higher than before
5) Opportunity cost of the war, money spent on the war that could been spent on
other more constructive things.
That's the cost analysis of the war, lets take a look at what AlterNet have to say
"Why does the federal government want to spend $344 billion on the Pentagon,
when the federal government currently spends only $42 billion on education, $26
billion on affordable housing, $6 billion on Head Start, and only $1 billion on school
construction? Does it appear that our national priorities are mixed up or what?"
some interesting facts are also being stated in the same article:
"In our country ¡V the richest nation in the world ¡V 14 million kids attend schools
that need extensive renovation or replacement. In international test scores, our
eighth graders rank 18 in math and 19 in science, below Slovenia, Singapore, and
Hungary, among others."
"The child poverty rate hovers at over 15 percent, meaning that about one in six
kids lives in poverty. "
"Over 40 million Americans, including about 10 million children, have no health
insurance."
Since Bush choose to ignore all these problems to pursuit a much more noble and
important quest - removing Saddam, what do you think the outcome of the next
election will be?
Can the Americans afford to have Bush for president for another 4 years?
Reference link: http://www.alternet.org/story.html?StoryID=11427
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