Well, the most recent number I've heard on that is from Al Franken's book The Truth. Actually, this addresses the amount of money spent on the reconstruction of Iraq, which is only part of the war costs, but here it is. As of fall 2004, 27 cents of every dollar appropriated for reconstruction has actually been spent on reconstruction. Not to mention that a lot of what they've spent money on is concrete walls to keep suicide bombers away from U.S.-occupied buildings. Crackerjack move, firing 400,000 soldiers without first disarming them.The Omen wrote:And how much of that is being appropriately allocated? That's my biggest concern. Of course the cynic in me knows the answer already, but, you know.
Black_Shadow wrote:I wonder how it is possible for a country to throw away that kind of money in a relatively short time without falling on some sort of financial crisis. I guess Bush was hoping to have this money back with a huge profit when he first sent the troops, but right now it looks like that money will never come back.
As a foreigner, I feel curious, Is the economy of USA really that strong? Do you have unlimited resources?
Nice one, Senor Belmondo, so that's the trick...
I was kind of hoping for a more technical answer...
Belmondo wrote: It is entitlement programs and especially the cost of health care that will become so expensive that in about forty years the government will only have enough money to pay the interest on the national debt.
All of our national leaders in Washington know this; but they know that if they raise taxes or cut services, they will not get re-elected. So they do nothing.
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