July 13, 2006

Sobering

Economists say cost of war could top $2 trillion

Posted by Nat at July 13, 2006 07:15 PM | TrackBack
Comments

I am surprised that no one has called into question some of the extrapolations in the article. It does make me think of two things;

1) the new class of needy folk who will be supported by our tax dollars for the rest of their lives...it is a volunteer army, and their risky behavior resulted in their dependent condition. Are they worthy of our charity? Should my money be forcibly taken from me, even though I opposed our going to this war?

b) The prevalent past wisdom has been that wars are good for the economy, which I always thought was a bit like a dog chasing it's tail: Tax dollars going to big contractors who then pay a bit of it back in taxes has been said to curb recessions and stimulate growth. The studies referred to seem to suggest we were lied to.

I wonder what the cost in dollars and U.S. lives would have been had we left Saddam there? ( again in the long term way these folks have crafted their evaluation)

Posted by: steve at July 16, 2006 10:33 AM

Good question.

Posted by: Nat at July 29, 2006 06:53 PM
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