Say IF we didn't go to war in IRAQ, where would the $700BILLION it has cost so far been used in the USA?

Question

just curious?

Answer 1

On government grants to universities to find out why some flies have stripes on their wings, why fish swim, why some people take drugs, why some people don't like other people, or something for the arts that look like a bent coat hanger etc, etc, etc, and why some people don't like giving grants to stupid people .. hmm I am all for that one!!

Answer 2

1. Hurricane relief along the Gulf Coast.
2. Real prescription drug plan for seniors -- without donut holes.
3. Health care for ALL uninsured Americans.

With money left over. A LOT of money left over.

That's not to say that's where it would go, but it certainly COULD have.

Answer 3

BUSH COULD HAVE USED IT TO PAY HIS TRADE LOSSES IN 2005.
RECORD DEFICIT OF 791 BILLION DOLLARS.

Current account trade deficit climbs to second highest level
Posted 9/18/2006


WASHINGTON (AP) — America's deficit in the broadest measure of foreign trade increased in the spring to the second highest level in history, reflecting a big jump in payments for foreign oil.
The Commerce Department reported Monday that the deficit in the current account rose to $218.4 billion in the April-June quarter 2006 , an increase of 2.4% over the deficit in the first three months of the year.

The current account is the broadest measure of foreign trade because it covers not only trade in goods and services but also investment flows between countries. The deficit represents the amount the United States must borrow from foreigners to cover the shortfall between exports and imports.

Democrats contend that the soaring deficit figures are evidence of the failure of the administration's free-trade policies.

The deficits through the first six months of this year put the country on track for a fifth consecutive annual deficit, surpassing last year's mark of $791.5 billion. (fUND ANOTHER WAR?) The record high for a single quarter was a $223.1 billion imbalance in the October-December period last year.

So far, foreigners have been happy to hold dollars in payment for American purchases of cars, televisions and foreign oil. But the concern is what would happen should foreigners at some point decide they want to hold less in dollar-denominated assets.

A rush for the exits by foreigners could send U.S. stock prices and the value of the dollar plunging and send American interest rates sharply higher.

For the second quarter, the current deficit as a percentage of the overall economy stood at 6.6%, the same level as the first quarter.

For the second quarter, the deficit on goods rose to $210.6 billion, an increase of $2.6 billion from the first quarter, reflecting in part the surge in oil prices. America's surplus on services narrowed slightly to $16.8 billion.

The United States recorded a record deficit on investment flows of $4.2 billion. That meant that foreigners earned more on their U.S. investments than Americans earned on their overseas investments.

This deficit is expected to grow in coming quarters, reflecting the larger and larger amount of U.S. assets that are being transferred into foreign hands because of the huge trade deficits.

The deficit on unilateral transfers, the category that includes foreign aid, increased to $20.4 billion in the second quarter.

Copyright 2006 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

LOST TRADE WAR AND IRAQ WAR..
TKS prez buzh...MISSION ACCOMPLISHED..

Answer 4

That money would go to providing medical and dental coverage, food, emergency room charges, prescription drugs, housing, education, etc., etc., etc., to thousands of people who have never paid taxes in this country EVER!!!!!!!!

Answer 5

it would endup in some russian mob swiss bank account

Answer 6

To pay for unemployment.

Answer 7

to the illegal alien criminals