Yes! The cost of the war is equivilent to the gross national product of the rest of the world
2006-12-02 21:21:09
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answer #1
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answered by Anarchy99 7
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Joseph Stiglitz and a Harvard professor just released an update to a paper from earlier trying to come up to ascertain the total, long-run economic costs of the Iraq War (budgetary expenditure, future recruiting costs, increased interest/interest rate on debt, long term disability, increased oil costs, etc.). They outlined several different scenarios for how long we're involved in Iraq, and believed the most likely one to be a tune of $2.27 trillion.
I don't have a personal prediction about what the future will hold, but I think the low end these days for total cost is around $1 trillion - $1.5 trillion. Assuming $1.8 trillion of present US Dollars over the course of 10 years... this would mean that we could give everyone in the world (population 6 billion) $300 USD in a lump sum payment.
So in conclusion, we could certainly afford to buy the world a Coke, and then some...
http://www2.gsb.columbia.edu/faculty/jstiglitz/papers.cfm
2006-12-03 04:52:20
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answer #2
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answered by Xut 1
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Sure but some do not want power and money to build,but to rule,and that would make us very unhappy,because we love freedom for all the people of the world.
2006-12-03 04:30:09
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answer #3
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answered by Anonymous
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No! $500 Billion could not make a single man happy (Cheney) so it will not be enough to make the entire world happy.
2006-12-03 04:51:04
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answer #4
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answered by taco 2
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Most likely
2006-12-03 05:17:13
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answer #5
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answered by devora k 7
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Well they say "Money can't buy happiness" so I'd say the answer is no. You can't please everybody, and sometimes there are folks who just want to make the world a crappy place. The whole vision of everybody holding hands and singing "We are the world" is cute and fun. It's also really naive.
2006-12-03 04:29:41
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answer #6
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answered by Austin M 2
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We had the time from Vietnam to 911 to "be happy" and we exploited the time. Apart from Jesus Christ there is no joy, In our prosperity as a country we moved away from him rather than nearer to him.
2006-12-03 04:28:34
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answer #7
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answered by David W 1
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Who knows? Too jaded by now. War on terror. Bush has Iraqistan well in order. There is nothing wacki in Iraqi.
2006-12-03 04:26:35
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answer #8
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answered by Anonymous
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Wanna see us really make the world sad, we can stop giving medicine and food to Africa right now. Let you slackers take up the load, I bet in a week you will have shutup, kissed my white American behind and slinked off to a new hole.
2006-12-03 07:09:32
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answer #9
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answered by netnazivictim 5
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Don't blame me... I voted for the Democrats!
As to making the whole world happy, dream on - some people wouldn't be satisfied with the entire world.
2006-12-03 04:26:25
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answer #10
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answered by Paul H 6
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