I was just reading some articles from Dec 2008. For those that - TopicsExpress



          

I was just reading some articles from Dec 2008. For those that still believe that Obama is responsible for the huge debt the US has you might want to do some research ans see how the Iraq war was paid for...here is one excerpt. Note the cost for one soldier per year: The news that President Bushs war on terrorism soon will have cost the U.S. taxpayers $1 trillion — and counting — is unlikely to spread much Christmas cheer in these tough economic times. A trio of recent reports — none by the Bush Administration — suggests that sometime early in the Obama presidency, spending on the wars started since 9/11 will pass the trillion-dollar mark. Even after adjusting for inflation, thats four times more than America spent fighting World War I, and more than 10 times the cost of 1991s Persian Gulf War (90% of which was paid for by U.S. allies). The war on terrorism looks set to surpass the costs the Korean and Vietnam wars combined, topped only by World War IIs price tag of $3.5 trillion. The cost of sending a single soldier to fight for a year in Afghanistan or Iraq is about $775,000 — three times more than in other recent wars, says a new report from the private but authoritative Center for Strategic and Budgetary Assessments (CSBA). A large chunk of the increase is a result of the Administrations cramming new military hardware into the emergency budget bills it has been using to pay for the wars.
Posted on: Sun, 23 Mar 2014 21:38:47 +0000

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