Sunday, March 18, 2007
Even though some of us on the looney left think that the national debt and the screwed up priorities of our country are a problem, apparently it's not. This war could end up costing over $1,000,000,000,000 dollars but we can foot the bill.
But even though the war has turned out to be much more expensive than Bush administration officials predicted on the eve of the March 2003 invasion, it is relatively affordable, at least in historical terms.Iraq eats up less than 1 percent of the nation's gross domestic product, compared to as much as 14 percent for Vietnam and 9 percent for Korea.
"I think it's hard to argue it's not affordable," said Steven M. Kosiak, director of budget studies at the Center for Strategic and Budgetary Assessments, a defense think tank in Washington, D.C.
Well when you put it that way, we are getting good bang for the buck in Mesopotamia.
Bob Kerrey, who left politics after losing to Bill Clinton on the platform that Clinton was unelectable chimes in as well.
If anything, notes former Nebraska Sen. Bob Kerrey, that's a testament to how big and strong the U.S. economy has become in the past few decades. "We've demonstrated tremendous capacity to do a very, very expensive program," said Kerrey, a Democrat who now serves as president of the New School. He and others say that the continued strength of the economy itself is a demonstration of the war's affordability.
Kerrey also was in favor of the radical republican overhaul of Social Security. Part of his new strategy might be kill off enough younger americans through combat injuries, suicide, and from inhaling depleted uranium dust that they won't be alive to collect their benefits.
Kerrey is a democrat like Joe Lieberman is a democrat. Enough said.
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