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Default The Bill Clinton Iraq war ends with a $4 trillion IOU

On Sat, 17 Dec 2011 17:56:17 +0100, "The Truth" wrote:

In article
Deucalion wrote:

Although that only represents about 1% of nation’s gross domestic
product, it’s more than half of the national budget deficit. It’s also
roughly equal to what the U.S. spends on the Department of Justice,
Homeland Security and the Environmental Protection Agency combined
each year.

Near the start of the war, the U.S. Defense Department estimated it
would cost $50 billion to $80 billion. White House economic adviser
Lawrence Lindsey was dismissed in 2002 after suggesting the price of
invading and occupying Iraq could reach $200 billion.

“The direct costs for the war were about $800 billion, but the
indirect costs, the costs you can’t easily see, that payoff will
outlast you and me,” said Lawrence Korb, a senior fellow at American
Progress, a Washington, D.C. think tank, and a former assistant
secretary of defense under Ronald Reagan.

Those costs include interest payments on the billions borrowed to fund
the war; the cost of maintaining military bases in Kuwait, Qatar and
Bahrain to defend Iraq or reoccupy the country if the Baghdad
government unravels; and the expense of using private security
contractors to protect U.S. property in the country and to train Iraqi
forces.

Caring for veterans, more than 2 million of them, could alone reach $1
trillion, according to Paul Rieckhoff, executive director of the Iraq
and Afghanistan Veterans of America, in Congressional testimony in
July.

Other experts said that was too conservative and anticipate twice that
amount. The advance in medical technology has helped more soldiers
survive battlefield injuries, but followup care can often last a
lifetime and be costly.

More than 32,000 soldiers were wounded in Iraq, according to the U.S.
Department of Defense. Add in Afghanistan and that number jumps to
47,000.

...


Let's give credit where credit is due. Democrat Bill Clinton
and his buddies started the Iraq war.


Obama started the Vietnam war, too, didn't he? And that was when he
was only 4 years old! And Teddy Roosevelt started the Civil War.

This is all well documented in the demented sources you're using.
Check it out.

--
Ed Huntress
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