HOW MUCH WILL THE CHIMP'S WAR OF CHOICE BASED ON A FALSE PREMlSE COST?

Question

AFTER IT'S A PART OF HISTORY?

WILL THE U.S. BE BANCRUPT BY THIS TIME?

JUST AS THE SOVIET UNION COLLAPSED BECAUSE OF FINANCES, IS THE U.S. GOING TO SUFFER THE SAME FATE?

Answer 1

(God, I can't believe how cluless Fr. Chuck is. I guess he spends more time reading the bible, than studying current events.)

Since they're spending cash like it's Monopoly money, the dollars don't really tell the story, so I'd say it's best to measure it in terms of lives and time. So far, about 200,000 Iraqi lives, and over 2,000 USA soldiers' lives (they don't give us the true figures). I would guess that this will go on for about another 10 years in various formats and scenarios. It's probabaly the CIA who keeps the "isurgency" going and armed, anyway.

By the way, Bush is not a chimp, he's a reptile.

Answer 2

It's frightening the damage this man has done to this country and the loss of respect he's cost us around the globe. We can't afford another 2 months much less 2 years of his foolishness. I'm astounded that a man this transparent still has a single follower. I could be much more specific if I didn't have a family at home because they would be at my door within the hour. He will go down in history on a par worse than any leader the world has ever known if the truth should widely come out. We could wind up a third world country ourselves with continued leadership such as his. Starving people with much military might, sort of like dare I say North Korea? It's no wonder most everything he's done is on the sly and covered by a blanket of secrecy , what a joke that is , and how convenient the truth doesn't get out so easily that way. For our own security , hell no people wake up to this menace. At least in November add the checks and balances back to our government we have lost. We are on the road to ruin if we fail to do so.

Answer 3

The first $75 billion is just a downpayment. Expect to pay hundreds of billions in the short-term, trillions in the long run. Expect it to come out of your schools, your police forces, your highways, your future and your children’s future

Anyone who's sat through a budget meeting knows that almost everyone overestimates their successess, underestimates their costs; it's easier to go back for money later, when you can wave a nice hunk of sunk costs around, than say up front that you think whatever it is you're proposing will be expensive as hell.

But trillions? US GDP is roughly $10 trillion. Alterman is saying that over the long run, this war is going to cost us at least 20% of GDP. That's nuts, and it's not the first time I've seen those sorts of numbers around.

Reality check: the entire US military budget is in the range of $350b. Saying that this war will cost trillions in any term short enough for us to care about (I mean, he's probably right, if we use a timescale of several hundred years, but that's not very useful), is saying that this war is going to cost nearly as much as the entire military budget, year in and year out, for decades. For reference, the next six months are estimated to cost $60b on military spending. (I'm excluding the humanitarian and domestic segment of the budget submitted by the President.) Even with a fudge factor of 50%, that's $90b over the next six months, $180b a year. At that rate, assuming you do absolutely no discounting at all, it would take us over 10 years to get to $2t, thus meeting the "trillions" criteria. Which is madness. By that logic, we were spending as much on WWII in 1953 as we were in 1943. If you don't know, military spending during WWII was over 50% of GDP; it was in the 10% range during Korea, and dropped sharply thereafter. This while we were still occupying Japan, still garrisoning Germany, had a mandatory draft, and were building up for the Cold War. Even if you attribute the entire cost of the Cold War to WWII, and none of it to Stalinist imperialism, you still don't get the kind of numbers required to make the occupation cost as much as the battle. The difference is even more stark now, for you must remember that we have an all-volunteer army, which gets paid whether or not they're in Iraq. The extra, non-labor cost of the war is heavy on things like ordnance, which we won't be expending once we control the country.

Answer 4

Let me see, we lowered the deficeit this year with the new tax cuts for buisness, so a long way to go bankrupt.

The economy is doing better than ever ??? So I guess you are just wrong.

Next all of congress ( both parties) voted to go to war, and continue to fund it.

and you miss the news to, weapons where found, although that was not all of the reasons.

I would say you need some real facts to base things on,

Answer 5

no ,we can not allow that ,a measured resp once to insure our needs will prevail,hell the solveit union is a heck of a better **** hole now ,than it ever was,there Lady's are hot and there guns sell good here now...**** no ,u,s,a will live forever,well at lease until the oil runs out,but i wont care as i will be dead and in heaven ,but no i probable will get recycled back here as some political ************,to breath all this c02 **** en poison,and set some new rules,with the help of the little green men,i could use water as a super fuel. i think oil is more important than moneys as oil is 2/3 of EVERYTHING WE GETS,,,

Answer 6

It is an open check book, many programs for the poor have been cut to pay for this never ending war. Repuke's cheer and democrats hate it. I would rather see my tax dollars go for people in this country the to watch it fly out the window oversea's for no good reason or cause.

Answer 7

So far the US has always made huge profits out of wars. Your bankruptcy will be caused by becoming uncompetitive and running huge trade deficits w. the emerging superpower (China); or becoming the target and main player this time if your gov. backs countries allied against Russian Allies.

Answer 8

Hmmm....
Judging from your chosen screen name and the tone of your 'questions' I tend to detect just a little bias here.
I believe the good Father has answered your questions best.
So I will defer to his responses.

I will add though that the failure of the USSR was not due to bankruptcy, but just the plain fact that Communism doesn't work.

Answer 9

I have heard estimates up to 2 TRILLION over the next 15 years.
Yes we have put our selves at the mercy of the Chinese because they are the ones buying most of our debt. If they ever stopped buying and dumped their bonds we are REALLY screwed.
Thanks Bush.

Answer 10

Of course eventually, every civilization that ever rose up came to a point where it fell apart and came to an end The US will be no different.