US wars 'to cost $3.5 trillion' - Mercedes-Benz Forum

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post #1 of 40 (permalink) Old 11-16-2007, 12:40 AM Thread Starter
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US wars 'to cost $3.5 trillion'

US wars 'to cost $3.5 trillion'
Al Jazeera

US Democrats say the high costs of the
wars are unacceptable [AFP]


Hidden costs will boost the price of the US' wars in Iraq and Afghanistan to $3.5 trillion within the next decade, according to a new report.

About $1.6 trillion will have been spent by the end of next year - double the $800bn so far requested by the Bush administration, a report by Democrats on the Joint Economic Committee said on Tuesday.

Treating wounded troops, the extra cost of oil due to a fall in production in Iraq and interest on foreign loans used to fund the wars were the additional figures taken into account in the report, entitled 'War at Any Price'.

Chuck Schumer, a Democratic senator, said: "What this report makes crystal clear is that the cost to our country in lives lost and dollars spent is tragically unacceptable.

"The backbreaking costs of this war to American families, the federal budget and the entire economy are beyond measure in many ways."

Rising costs

Kimberly Halkett, Al Jazeera's Washington correspondent, said: "The report says the wars have so far cost the average American family nearly $21,000.

"The Democrats say that by 2017 that price will rise, costing a family more than $46,000."

The report's $3.5 trillion figure is $1.1 trillion higher than a non-partisan estimate by the congressional budget office last month.

The cost of the conflict in Iraq alone accounts for $1.3 trillion of the $3.5 figure, according to the report.

"We simply cannot buy victory in Iraq," Harry Reid, the Senate Democratic majority leader, said.

Report rejected

The White House has rejected the JEC report.

"This committee is known for being partisan and political. They did not consult or co-operate with the Republicans on the committee," Dana Perino, White House press secretary, said.

She called the report a "partisan attempt to overshadow positive developments in Iraq".

Jack Burkman, a Republican strategist, argues the figure released in Tuesday's report is deceptively high.

He said: "Our military, much more so than others throughout the world, is outsourced, so if you want to talk money and finance, it's just not as bad as people think."

The JEC estimate assumes the number of US troops in Iraq will reduce over time but a large-scale US force will be retained there.

Pull-out vote

The committee also estimated the cost of repair and refitting military equipment, the money needed to keep soldiers in the ranks and the costs to the US domestic economy of deploying US army reserve units.

The house of representatives will vote this week on another effort by Democrats to set a deadline for the withdrawal of troops from Iraq, making it a condition for providing another $50bn for the war.

The proposal would require the withdrawal or re-deployment of most troops in Iraq to begin immediately, with a goal of ending combat operations within a year.

George Bush, the US president, has repeatedly resisted attempts to force him to accept timelines for pulling troops out of Iraq.

If Bush vetoes the bill, "then the president won't get his $50bn", Reid said.
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post #2 of 40 (permalink) Old 11-16-2007, 01:56 AM
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$3.5 trillion...would make anyone thread stutter.
But someone has surely been measuring the benefits that will accrue from all that expense - he must be a REALLY clever bastard.....
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post #3 of 40 (permalink) Old 11-16-2007, 02:40 AM
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^^^^What's the bitch, seem like a bargain to me.........
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post #4 of 40 (permalink) Old 11-16-2007, 10:47 AM
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Sounds familiar...

I read yesterday in the USA Today that a few democrat staffers wrote that BS report, and that even most democrat Members have disavowed it as "speculative," "premature," "somewhat exaggerated." It is just another typical attack from the far left, and totally w/out merit.

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post #5 of 40 (permalink) Old 11-16-2007, 10:59 AM
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Originally Posted by Jayhawk View Post
Sounds familiar...

I read yesterday in the USA Today that a few democrat staffers wrote that BS report, and that even most democrat Members have disavowed it as "speculative," "premature," "somewhat exaggerated." It is just another typical attack from the far left, and totally w/out merit.
SO you figure we must have spent more on important shit like education and alternative energy research I wonder how history will judge our strategic positioning to secure ourselves a lasting country

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post #6 of 40 (permalink) Old 11-16-2007, 12:15 PM
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Originally Posted by Jayhawk View Post
Sounds familiar...

I read yesterday in the USA Today that a few democrat staffers wrote that BS report, and that even most democrat Members have disavowed it as "speculative," "premature," "somewhat exaggerated." It is just another typical attack from the far left, and totally w/out merit.
Now wait a sec. Earlier someone from the RIGHT was using a very similar figure to justify the increase in National Debt. So which way do you what it?

Is it a Bogus number, totally without merit which means that the $4.5Trillion increase in National Debt is Other Excess Spending?

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post #7 of 40 (permalink) Old 11-16-2007, 12:23 PM
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This is what you get when you don't put your upcoming wars out to an open tender process. If there had been an open and fair bidding process, I'm sure a lower-cost provider could have been found. Didn't anybody look into outsourcing this war to an offshore jurisdiction with more flexible cost structures?
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post #8 of 40 (permalink) Old 11-16-2007, 12:46 PM
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^^^^They tried to outsource t to Mexico but they did not have enough personnel in country to supply the effort needed. Seems they were up North providing cheap labor to another as well as bitching about needing driver licenses.......
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post #9 of 40 (permalink) Old 11-16-2007, 01:06 PM
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I think NATO and the EU looked at the RFQ but sent it back for lack of detail and no Architecture Certification.

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post #10 of 40 (permalink) Old 11-16-2007, 01:07 PM
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Originally Posted by drewprof View Post
SO you figure we must have spent more on important shit like education and alternative energy research I wonder how history will judge our strategic positioning to secure ourselves a lasting country
Sorry, but I can't follow your train of thought... What does that mean?

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