  BIGMIKE Premium join:2002-06-07 Westminster, CA
| reply to JeedaiKnight Re: Once a tax...
Spanish American War $5 Billion
Iraq war to cost US $2 Trillion.
American Civil War $62 Billion Spanish American War $5 Billion World War One $290 Billion World War Two $2,300 Billion Korean Conflict $111 Billion Vietnam $165 Billion -- Type "miserable failure" in Google |
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 Cyron
join:2002-09-24 Charlotte, NC | Are those figures adjusted for inflation? |
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  TechieZero Tools Are Using Me Premium join:2002-01-25 Wesley Chapel, FL
| reply to BIGMIKE I typed that in and the Michael Moore website came up and filled past the edges of my screen with his loser achievement and twinkie eating face.
Then my PC melted. -- Do you own/manage a barn with lesson horses? Go here! »www.otsysinc.com/EquiSense.htm |
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 bmn ? ? ? Premium,ExMod 2003-06 join:2001-03-15 hiatus | Something must be wrong with your PC since the GWB Bio should have popped up if you had used the "I'm feeling lucky" function. MM is ranked second for that search after GWB. |
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  pnh102 Reptiles Are Cuddly And Pretty Premium join:2002-05-02 Mount Airy, MD
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| reply to Cyron said by Cyron :Are those figures adjusted for inflation? Are those figures accurate? $2 Trillion is a lot of money... close to how much the Federal government spends on everything it does in a single year. To say that the Iraq war is going to cost that much is a bit premature. -- Rove / Rumsfeld 2008! |
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  footballdude Premium join:2002-08-13 Imperial, MO
| reply to bmn said by bmn :Something must be wrong with your PC since the GWB Bio should have popped up if you had used the "I'm feeling lucky" function. MM is ranked second for that search after GWB. There is an ongoing effort between political groups to recruit websites that will use that 'miserable failure' phrase in such a way as to affect google's rankings. It wouldn't surprise me to see the leader changing once in awhile. |
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  Tzale Proud Libertarian Conservative Premium join:2004-01-06 Sweden
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| reply to BIGMIKE said by BIGMIKE :Spanish American War $5 Billion
Iraq war to cost US $2 Trillion.
American Civil War $62 Billion Spanish American War $5 Billion World War One $290 Billion World War Two $2,300 Billion Korean Conflict $111 Billion Vietnam $165 Billion Show a source. Those are complete lies and NOBODY should accept it as fact unless there is proof which I seriously doubt. Two trillion dollars is around what the ENTIRE budget is. The Iraq war is only a TINY fraction of the national budget. Yes, it's a lot of wasted money (IMHO), but it is NO WHERE near two trillion dollars. And the cost of maintaining our military should not be included (even though it is no where near two trillion) since a military is required and it will ALWAYS be required, even if there was an extreme liberal in office. Being the most successful nation in the world is not easy. It takes defense.
-Tzale |
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  Karl Bode News Guy join:2000-03-02
Host: Road Runner PC gaming GAMES PC gaming Tech
| reply to pnh102 It's not lies:
»www.csmonitor.com/2006/0110/dailyUpdate.html
quote: A new study by Columbia University economist Joseph E. Stiglitz, who won the Nobel Prize in economics in 2001, and Harvard lecturer Linda Bilmes concludes that the total costs of the Iraq war could top the $2 trillion mark. Reuters reports this total, which is far above the US administration's prewar projections, takes into account the long term healthcare costs for the 16,000 US soldiers injured in Iraq so far.
The numbers are correct, but it isn't fair to compare it to other war totals, since those other totals don't take into account healthcare...if they did, I can only imagine how much WW2 would have cost.
That said, two trillion is still a lot of potatoes. |
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  pnh102 Reptiles Are Cuddly And Pretty Premium join:2002-05-02 Mount Airy, MD
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| The report is still based on a few key assumptions (e.g. that our troops would remain till 2010 and such). These assumptions are not guaranteed to be true. Furthermore, the article points out that Dr. Stiglitz is a vocal critic of the war in Iraq, so we cannot be sure that his analysis is completely unbiased. I'm not rejecting what the fellow writes simply because of this, but just as it would be hard for many opposed to the President to believe the President when he says we are making progress, its hard for most people to believe those who vocally oppose the President to believe research that magically appears to advance their own agendas.
I'd like to see if Dr. Stiglitz did any research into the costs of the Kosovo, Bosnia or Somalia conflicts. Heck, as we're still in Kosovo and Bosnia with no end in sight, it would probably stand to say that these conflicts will eventually cost us more than a "temporary" stay in Iraq. -- Rove / Rumsfeld 2008! |
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  Karl Bode News Guy join:2000-03-02 | I'm not planning on deconstructing the work of nobel prize winning economists with my liberal arts degree, I was just providing the source. One can deconstruct the very best work of the very best minds if motivated... |
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 rgillis70 Premium join:2002-12-30 Herndon, VA
| reply to Cyron Nope not adjusted. »en.wikipedia.org/wiki/World_War_II
"It is estimated to have cost about 1 trillion US dollars in 1945 (adjusted for inflation; roughly 10.5 trillion in 2005, not including subsequent reconstruction."
Considering current costs include reconstruction it becomes very hard to compare. |
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 rgillis70 Premium join:2002-12-30 Herndon, VA
| reply to Karl Bode Though the estimates have went up - the overall cost is still small by comparison to total GDP.
»news.bbc.co.uk/2/hi/americas/4201812.stm
"the relative cost of operations in Iraq, at 2% of America's annual GDP, was less than either the Vietnam conflict at 12% or World War II at 40%.
"Although the costs of war have grown... the American economy is exponentially larger than it was in the Vietnam War years," Mr Donnelly said.
"When it [the Iraq war] is compared to the overall size of the American economy, it's really a drop in the bucket, certainly by historical standards." |
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  mikef1 Mike
join:2004-10-28 Littlestown, PA
1 edit | reply to pnh102 said by pnh102 :It's not lies: » www.csmonitor.com/2006/0110/dailyUpdate.htmlThe report is still based on a few key assumptions (e.g. that our troops would remain till 2010 and such). These ssumptions are not guaranteed to be true. Very correct, it is extremely hard to know what will be going on anywhere 4 years from now. And for the guy quoting the costs of all the previous wars you are forgetting a few things. We are STILL in Germany and I think still in Japan, that might have changed recently. The cost associated with keeping a presents there needs to be add to the WW2 cost. Same goes for the Korea, a war that has NOT ended. How much more added to that $111 Billion does it cost the US to have kept the troops there for the past 53 years? -- mike
HouseOfMike |
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  pnh102 Reptiles Are Cuddly And Pretty Premium join:2002-05-02 Mount Airy, MD
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| reply to Karl Bode said by Karl Bode :I'm not planning on deconstructing the work of nobel prize winning economists with my liberal arts degree LOL if I could do successfully pop that nobel prize-winning analysis, I am sure you can as well. -- Rove / Rumsfeld 2008! |
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  kamm
join:2001-02-14 Brooklyn, NY
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| reply to pnh102 said by pnh102 :The report is still based on a few key assumptions (e.g. that our troops would remain till 2010 and such). These assumptions are not guaranteed to be true. Furthermore, the article points out that Dr. Stiglitz is a vocal critic of the war in Iraq, so we cannot be sure that his analysis is completely unbiased. I'm not rejecting what the fellow writes simply because of this, but just as it would be hard for many opposed to the President to believe the President when he says we are making progress, its hard for most people to believe those who vocally oppose the President to believe research that magically appears to advance their own agendas. I'd like to see if Dr. Stiglitz did any research into the costs of the Kosovo, Bosnia or Somalia conflicts. Heck, as we're still in Kosovo and Bosnia with no end in sight, it would probably stand to say that these conflicts will eventually cost us more than a "temporary" stay in Iraq. Are you really this clueless? US never had any kind of large-scale operation neither in Kosovo nor Bosnia.
Stop this pathetic wishy-washy talk to downplay the Iraqi War, based on lies and its tragic outcome and astronomical costs.
FYI: exactly Rumsfeld is one of the war criminals. I know it'll take some time but he won't escape - he will be tried and sentenced, mark my word. |
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  pnh102 Reptiles Are Cuddly And Pretty Premium join:2002-05-02 Mount Airy, MD
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| said by kamm :Are you really this clueless? US never had any kind of large-scale operation neither in Kosovo nor Bosnia. Um... what planet are you on? Were you really born yesterday? Because that would be the only explanation of why you could make such a stupid statement. The US has been involved in large scale operations in the Former Yugoslavia since at least 1995. It is our continued troop deployment in this region which helps to keep the peace.
There's this website, its called Google, and unless you're using Bell South as an ISP, I suggest you go and search for this conflict, and learn a little more about it.
Are we still at war with Eurasia too? -- Rove / Rumsfeld 2008! |
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  pnh102 Reptiles Are Cuddly And Pretty Premium join:2002-05-02 Mount Airy, MD
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| reply to rgillis70 said by rgillis70 :Considering current costs include reconstruction it becomes very hard to compare. It would only be fair then to add the inflation-adjusted costs of post WW2 programs like the Marshall Plan and other significant defense spending needed to keep the Soviets in check till the end of the Cold War as well. -- Rove / Rumsfeld 2008! |
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  pnh102 Reptiles Are Cuddly And Pretty Premium join:2002-05-02 Mount Airy, MD
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| reply to mikef1 said by mikef1 :We are STILL in Germany and I think still in Japan, that might have changed recently. We still have a base in Okinawa.
As for Germany, that reminded me of a monologue Jimmy Kimmel delivered to our troops at the Wiesbaden AFB: Why are we still here? Didn't we beat these guys? -- Rove / Rumsfeld 2008! |
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 rgillis70 Premium join:2002-12-30 Herndon, VA
| reply to pnh102 Absolutely.
As I showed in the comparison quote - I think a better view is the percentage of GDP - which shows how cheap (comparatively) that the Iraq war has been.
I am not saying anything good or bad about the war itself, just that the 2% of GDP for Iraq is not very big compared to 12% for Vietnam or 40% for WW2.
People really need to look at the overall cost involved here, remember this article from Newsweek a couple years back:
"Washington announced that it would increase its defense budget by almost $50 billion, a sum greater than the total annual defense budget of Britain or Germany. ...the United States will spend as much next year on defense as the rest of the world put together (yes, all 191 countries). And it will do so devoting 4 percent of its GDP, a low level by postwar standards." |
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