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President Barack Obama recently suggested that America’s wars had cost $1 trillion. Reuters suggested that Obama is not being forthright:
Staggering as it is, that figure grossly underestimates the total cost of wars in Iraq, Afghanistan and Pakistan to the U.S. Treasury and ignores more imposing costs yet to come, according to a study released on Wednesday. The final bill will run at least $3.7 trillion and could reach as high as $4.4 trillion
We agree with DI. The life cycle cost alone of the Iraq War was predicted to be $ one trillion during the Bush presidency once the cost of veteran's care was factored in.
It gets worse. Many economists have suggested that 90 per cent of the national debt has been caused by a series of rarely successful wars the US has started since World War 2.
Who has benefited by the is war mongering largess? That would be the military-industrial complex or the defense industry,
Rightardia knows that Muammar Qadaffi is an eccentric person who has done many bad things. but did the US really need to engage itself in another middle eastern war?
Rightardia suspects Obama is more conservative than many Americans suspect.
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