Trillion-dollar war: Afghanistan and Iraq set to cost more than Vietnam and Korea

Trillion-dollar war: Afghanistan and Iraq set to cost more than Vietnam and Korea

news.independent.co.uk

President George Bush will have spent more than $1 trillion on military adventures by the time he leaves office at the end of next year, more than the entire amount spent on the Korean and Vietnam wars combined.

There are also disturbing signs that Mr Bush is preparing an attack on Iran during his remaining months in office. He has demanded $46bn (£22.5bn) emergency funds from Congress by Christmas and included with it a single sentence requesting money to upgrade the B-2 "stealth" bomber

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The House Speaker, Nancy Pelosi, has attacked the President's priorities saying: "For the cost of less than 40 days in Iraq, we could provide health care coverage to 10 million children for an entire year."

"The President is happy to put the military spending on the national credit card," said Steve Kosiak, a vice-president of the Centre for Strategic and Budgetary Assessments, an independent, military policy research institute, who said that the $1trn figure will soon be passed.

So will it be America's children that will end up paying off Mr Bush's credit card debt?

And another trillion dollars for project Iran?

news.independent.co.uk
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[edit on 24-10-2007 by RogerT]

reply to post by RogerT


Well he's certainly not about to pick up the check thats for sure.
Considering the decline in real wages of the US working class, im concerned about how tough its going to be to survive (economically) in the near future.
Good luck guys, im sure your going to need it.

Is this adjucted for inflation? Even so, its not surprising when you look at the types of weapons being used these days and their prices relative to years ago. Nothing surprising about this info at all actually.