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10/26/07

clarionledger.com - Cost Iraq War: As Turks mass on border, $2.4 trillion?


For the complete report from the clarionledger.com click on this link

Cost Iraq War: As Turks mass on border, $2.4 trillion?

If Americans wanted some reassurances that the war in Iraq was going well, they aren't getting it right now.The U.S. has spent about $604 billion on the wars so far, it says. If the U.S. were to reduce the number of troops to Iraq and Afghanistan to 75,000 six years from now, it would cost $1 trillion more and $705 billion in interest to pay for them through 2017. "That estimate is a far cry from the administration's original claim of a $50 billion price that the Iraqis could pay themselves," said House Speaker Nancy Pelosi, D-Calif. "The depth of this tragedy is stunning, particularly for our military families - and for prospects for peace in the region."

Americans have grown skeptical of the Bush administration's insistence on keeping troops at full strength in Iraq.

Note EU-Digest: In America there is a saying - "you can fool some of the people sometimes, but you can't fool all the people all the time". Unfortunately today the majority of the American population seems to be fooled all the time by an Administration which is wasting money at a scale never seen before. This same Administration now also seems to have convinced its taxpayers that if they don't "take care of Iran" they can expect the Third World War will break out. In this context Europe needs to take a hard look at their efforts in Afghanistan and what it needs to do on an independent basis. Europe's objectives are very different from those of the Bush Administration.

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