reply to jap
said by jap:Preaching to the choir. Both of the wars were borrowed - $4 Trillion worth - and this was deliberately kept off the books. The interest alone required to pay these wars over 30 years will top an additional $4 Trillion - that's $8,000,000,000,000 that the 'deficit hawks' conveniently ignore. said by Telco:
Bingo! This is something these guys fail to grasp or accept.
There's little collective consciousness in our culture. I chose to not have children yet help subsidize everyone else's without whining. It's good for my community and my society.
invasions & occupations, you've barely begun paying for them yet. Iraq was done on deficit.
The negative ROI for this sort of expenditure should land people in jail, it's that bad. Heck, $350 Billion could have payed off Greece's debt - entirely. $2 Trillion could have rebuilt and repaved every road in America. $140 Billion wired every house in America with FTTH. Another $1.5 Trillion to modernize all of our dilapidated and archaic infrastructure throughout america.
That works out to be just shy of $3.99 Trillion. Can you imagine what this sort of expenditure would have done for American and the world? We are taking about millions of new jobs, new businesses, and so forth.