Last weekend, the Iraq war had cost more than $800 billion since 2001. Rightardia took a screen shot of the home page of costofwar.com on 10/29/2011 at about 12:30 pm:
The human cost has also been huge.The war in Iraq has resulted in some 4,480 US troops killed and more than 32,000 wounded. The Iraqis suffered even more fatalities, about 654,965, according to the British medical journal, The Lancet. Other estimates says the human toll on Iraq is around 1 million dead which left a generation of Iraqi orphans.
The life cycle cost of these wars with veterans claims is estimated to be $4 trillion. Most of the national debt, some economists say 90 per cent, resulted form a steady stream of wars, contingencies and interventions the US has conducted since World War 2. See http://en.wikipedia.org/wiki/Timeline_of_United_States_military_operations
The GW administration added significantly to US public debt by increasing defense spending by 40 per cent after 911. The increase does not include the cost of the Iraq or Afghan wars either. Bush, of course, was the only US president to start wars without raising taxes.
Mitt Romney recently made this vow on October 10, 2011:
As President, on Day One, I will focus on rebuilding America’s economy. I will reverse President Obama’s massive defense cuts. Time and again, we have seen that attempts to balance the budget by weakening our military only lead to a far higher price, not only in treasure, but in blood.
This is a spin of the blood and treasure question the St. Petersburg Times asked John McCain during one of the 2008 debates. Were the Iraq and Afghan Wars worth the price in blood and treasure?
Rightardia suggests that neither war was worth the price and the GOP obsession with overseas adventures and policing the world is pushing the US toward insolvency.
source: http://cryptogon.com/
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