Top Scoops

Book Reviews | Gordon Campbell | Scoop News | Wellington Scoop | Community Scoop | Search

 

Iraq War - $500 Billion and Still Counting....

$500 Billion and Still Counting....


By Richard E Walrath and Patricia L Johnson

Lawrence Lindsey, an early economic adviser to Bush, lost his job when he estimated the cost of the war between $100 and $200 billion. The war costs are now over $500 billion and they talk of it as "only" 1% of GDP, and easily affordable.

If the United States has $500 billion to waste in Iraq, how come everyone in this country doesn't have health insurance? Why are the schools holding bake sales to raise money?

Sane, The Committee for a Sane Nuclear Policy said it best in a leaflet prepared for their First Annual Pentagon Bake Sale "The ultimate goal of all this, a leaflet says, is to see the day ''our schools get all the money they need and the Air Force has to hold a bake sale to buy a bomber.''

See complete quote: New York Times May 23, 1985

The cost of the war plus the amount in the defense budget is now greater than the amount spent on World War II, adjusted for inflation. The war in Afghanistan could be all over by now. Instead, it is expanding after five years, and there is no end in sight for the Bush war in Iraq.

Since 9/11 Congress has already approved $510 billion dollars for the following operations. These appropriations include funding for military operations, base security, foreign aid, embassy costs and veterans’ health care.


OIF – Operation Iraqi Freedom [Iraq]
OEF – Operation Enduring Freedom [Afghanistan]
ONE – Operation Noble Eagle – [Enhanced military base security]

Although the Department of Defense has not provided Congress with operational costs for previously allocated funds, CRS is estimating 74% for Operation Iraqi Freedom, 19% for Operation Enduring Freedom, 5% for Operation Noble Eagle, and 1% unallocated.

CRS goes on to state that generally 90% of funds are for the Department of Defense, 7% for foreign aid and embassy operations, with less than 1% allocated for medical care for veterans.


Columns may not add due to rounding

When we add the 2007 supplemental request to the mix, we’re looking at more than $600 billion in war costs and we don’t even have an exit plan.

Why is there so much money to waste and so little for what we need?

ENDS

© Scoop Media

 
 
 
Top Scoops Headlines

 

Globetrotter: The Geopolitics Behind Spiraling Gas And Electricity Prices In Europe
The current crisis of spiraling gas prices in Europe, coupled with a cold snap in the region, highlights the fact that the transition to green energy in any part of the world is not going to be easy. The high gas prices in Europe also bring to the forefront the complexity involved in transitioning to clean energy sources... More>>

Julian Assange: A Thousand Days In Belmarsh
Julian Assange has now been in the maximum-security facilities of Belmarsh prison for over 1,000 days. On the occasion of his 1,000th day of imprisonment, campaigners, supporters and kindred spirits gathered to show their support, indignation and solidarity at this political detention most foul... More>>

Binoy Kampmark: The Mauling Of Novak Djokovic
Rarely can the treatment of a grand sporting figure by officialdom have caused such consternation. Novak Djokovic, the tennis World Number One, has always had a tendency to get under skin and constitution, creating a large following of admirers and detractors. But his current treatment by Australian authorities, and his subsequent detention as an unlawful arrival despite being granted a visa to participate in the Australian Open, had the hallmarks of oppression and incompetent vulgarity... More>>


Off To The Supreme Court: Assange’s Appeal Continues

With December’s High Court decision to overturn the lower court ruling against the extradition of Julian Assange to the United States, lawyers of the WikiLeaks founder immediately got busy... More>>


Forbidden Parties: Boris Johnson’s Law On Illegal Covid Gatherings

It was meant to be time to reflect. The eager arms of a new pandemic were enfolding a society with asphyxiating, lethal effect. Public health authorities advocated various measures: social distancing, limited contact between family and friends, limited mobility. No grand booze-ups. No large parties. No bonking, except within dispensations of intimacy and various “bubble” arrangements. Certainly, no orgies... More>>

Dunne Speaks: Question Time Is Anything But
The focus placed on the first couple of Question Time exchanges between the new leader of the National Party and the Prime Minister will have seemed excessive to many but the most seasoned Parliamentary observers. Most people, especially those outside the Wellington beltway, imagine Question Time is exactly what it sounds... More>>