Tuesday, November 13, 2007

The Price of War

This isn't about dead or wounded civilians or soldiers. It's about the amount the average American family of four has become responsible for thanks to George w. Bush's wars in Afghanistan and Iraq.

An audit released today says, including funding already committed for these wars, that family is indebted to the tune of $20,900 of which Iraq alone accounts for $16,500. Future economic costs associated with these wars are expected to inflate that debt to $46,400 per family of four.

The figures came from the US Congress' Joint Economic Committee.

The report says that the wars have also contributed to increased oil prices over the past four years. At the time of the invasion of Iraq, the price of oil was $37 per barrel.

The Democrats have suggested levying a tax to raise revenue to pay off this indebtedness now. The thinking is that it would be such an unpopular levy that it would incite a clamour for an end to these wars, particularly the adventure in Iraq. Bush has irresponsibly sheltered the American people from the impact of his lunacy by borrowing the war funding, leaving it as a liability for the next generation of unfortunate American workers.

1 comment:

Anonymous said...

Well there's hope for the bastards after all. Maybe in time they'll figure out that the oil is what the war was about.
Thank heavens Dick Cheyney wasn't in rice.
Foot'