Cost of war for Americans.


Andem
Free Thinker
#1
Yeah, yeah. American politics. But the American people are our brothers. They can't exactly control the bush regime.. or their governments. It's one evil or the other, a two party-system.

Here's a little tidbit of info I found as I was curious. This item is dated March 2, 2004.

How much has the war in Iraq cost the U.S. people so far?

While an exact figure is impossible to determine, estimates thus far range from $80 billion to over $100 billion.
The U.S. military spends roughly a billion dollars a week on the Iraq occupation. (In contrast, Afghanistan occupation costs about a billion dollars a month.) Of course, these figures fluctuate. A February 17, 2004, AP story states that, in 2003, the war cost $4 billion in September, $7 billion in October, and $3 billion in November.

But these are military costs, and do not include reconstruction efforts. According to USA Today, rebuilding Iraq could cost an estimated $180 billion to $245 billion for the next five years.

You can find an estimated running total at the anti-war site Cost of War in the Iraq War Yahoo! Category. This figure also includes estimated interest costs -- the authors offer a lengthy explanation of how they calculate their figures. Both monetary and non-monetary costs of the war (including military and civilian deaths) are tracked with the Iraqometer.

The occupation of Iraq is being paid for through Congressionally approved supplemental spending bills. Roughly $166 billion has been approved thus far. Congress expects another spending bill from the Bush administration in January 2005.
 
Cyberm4n
Liberal
#2
andem... this sure has been a costly war for americans and iraqis alike. we will see the cost of this war increase for a long time to come. also the american corporations will make a pretty penny from the contracts they will get there.

maybe the united states will charge iraq for the war with iraq's debt to the USA? no idea what they are planning on doing.
 
vista
#3
The cost of the war?

Other than worldwide credibility, hopefully is the end of the American Empire.

Difficult when their annual military budget is $450 billion is almost half of the combined worldwide budget is $850 billion.

COMPLETE WORLDWIDE MILITARY DOMINATION

YET...

excerpt from: The Party's Over: Oil, War, and the Fate of Industrial Societies, by Richard Heinberg

The five strategies humans have adopted for capturing increasing amount of energy have permitted societies to grow in size, scope, and complexity. However, it is important to note that the ramp of history, rising upward from the simplest Paleolithic hunter-gatherer bands to the heights of globalized industrial civilization, has not been a smooth one. Many civilizations have expanded their scope and complexity dramatically, only to dissolve back into simpler forms of social organization.

The ancient Egyptians, Romans, Mayas, Greeks, Minoans, Mesopotamians, Harappans, and Chacoans provide a wealth of material for investigation. Why would a group of people intelligent enough to have built impressive temples, roads, and cities and organizing a far-flung empire suddenly lose the ability to maintain them?

The literature on the subject is voluminous and includes speculation on the causes of collapse ranging from class conflict to mismanagement. Undoubtedly, the best modern research on this subject was done by archaeologist Joseph Tainter, whose book 'The Collapse of Complex Societies' (198 is now widely recognized as the standard work on the topic. In his book and related essays, Tainter takes an ecological view of society as an energy-processing structure and concludes that complex societies tend to collapse because their strategies for energy capture are subject to the law of diminishing returns.

More complex societies are more costly to maintain than simpler ones.

Regarding the Roman Empire, Tainter writes:

...as the booty of new conquests ceased, Rome had to undertake administrative and garrisoning costs that lasted centuries. Major stress surges appeared that could scarcely be contained with yearly Imperial budgets. Dealing with stress surges required taxation and economic malfeasance so heavy that the productive capacity of the support population deteriorated. Weakening of the support base gave rise to further barbarian successes...

Western civilization from the Middle Ages to the present illustrates the theory in a somewhat different way as it has recovered and undergone at least two even greater growth surges due to its ability to find and exploit new energy subsidies at critical moments.

The discovery of fossil fuels, the greatest energy subsidy ever known enabled the transformation of civilization itself into a form never before seen: industrialism.

This does not mean, however, that industrial civilization is immune to the law of diminishing returns. Over time, the amount of energy that must be expended to find and extract each barrel of oil, or to mine each ton of coal, increases.

Tainter ends his book by drawing the following sobering conclusion: “However much we like to think of ourselves as something special in world history, in fact industrial societies are subject to the same principles that caused earlier societies to collapse.”

EDITOR'S NOTE: the similarities to the U.S. Empire are striking. The booty (oil revenues) from Iraq to pay for this occupation is half of what Wolfowitz promised.

The U.S. defence budget is $450m in 2003, yet the CIA's World Factbook 2003, comments, “The war in March/April 2003 between a US-led coalition and Iraq shifted resources to military industries and introduced uncertainties about investment and employment in other sectors of the economy. Long-term problems include inadequate investment in economic infrastructure ($1.3 trillion in investment needed), rapidly rising medical and pension costs of an aging population, sizable trade deficits, and stagnation of family income in the lower economic groups.”

The IMF expects the US budget deficit to exceed $550 billion over the coming years, a staggering five percent of America’s yearly economic output.
 
Reverend Blair
#4
The USA is bankrupt.
 
vista
#5
This is something my investment newsletter sent to me:

Economic Warfare

Some say Alan Greenspan is responsible for leading us into this disaster. But Dan Denning of Strategic Investment has another theory.

What if another country was engineering an American economic collapse? It wouldn't be very hard, considering how out of balance it is anyway. And Dan has collected evidence that China -- a rising superpower -- is doing just that.

Consider:

· The average Chinese worker makes 61 cents an hour... U.S. workers make $16 an hour. Over 450 U.S. companies have moved to China -- 10 times the number of U.S. companies that were there in 1990. Without firing a single
shot, China is robbing America of its manufacturing base.

· China spends $187 million a day buying U.S. Treasuries and dollars. Since they know the dollar is headed for a fall, there's only one reason to hang on to them -- to force America into a "Treasury trap" that will cause a jump in bond yields and interest rates when the Chinese start selling their bonds.

· China's exchange rate is pegged at 8.28 yuan to the dollar. That means China will always have a trading advantage. No matter how low the dollar goes, the Chinese currency will go with it. Of course, China can un-peg its currency at any time... and guess who can keep its currency dirt-cheap the longest?

If you're still not convinced, listen to what Colonels Qiao Liang and Wang Xiangsui, two high-ranking officials in the People's Liberation Army of China, said in their book, Unrestricted Warfare:

Financial war is a form of nonmilitary warfare which is just as terribly destructive as a bloody war, but in which no blood is actually shed... When people revise the history books... the section on financial warfare will command the reader's utmost attention.

http://www.agora-inc.com/reports/DRI/china400/
 
moghrabi
#6
This is a very costley war for US. Iraq invasion was the biggest mistake the American Government had ever made. the costs will rise even more until the US withdraw from Iraq as they did in Vietnam. The Bush dictatorship caused the american people a lot during this war especially the grim images of the prisoners treatment from a country that supposed to deliver democracy and freedom.
 
Vincent_2002
#7
I like your articles vista. They are very insightful and eye opening, to me atleast. You have to post more of them so I can keep reading! It's all about oil so I should better learn more about oil and it's effects on the world.. especially it's ties to the corruption that seeps into Canada from down south.
 
Vincent_2002
#8
Oops, nevermind, vista.. I just found out about your website newsgateway. À la prochaine!
 
Andem
Free Thinker
#9
I recently heard figures of $120 BILLION as the current cost of the war. I can't say for sure this is a fact, but I've seen it somewhere recently.
 
JDream
Liberal
#10
Woah!!!
 
moghrabi
#11
it is about 120 Billion and this is only first year. Wait and see.
 
CozyBeaver
#12
Your forgetting about the greatest cost of war. Loss of life. The only war that is just is a war defending your country. Lets face it USA are the bad guys in this war in IRAQ.
 
moghrabi
#13
CozyBeaver,

I totally agree with you. Loss of life is the greatest loss.
 
Ginger_Ale
#14
As an American, it seems more money is being spent in Iraq than it is here in the USA. Well, now that isn't good, now is it? No wonder our economy isn't as it used to be..
 
gnuman
#15
Hey according to American politics they value their lives more than anyone elses...

Sure that $180bln could've provided better health care, money for school supplies to poor neighborhoods, but come in its the USA they can outsource all their work pay people $5/day instead of $15/hr and don't have to care.

They like living in a society with the amount of brutality and violence like a third world country. When they can't manage their own country how can they manage someone elses?
 
Anonymous
#16
thats not the view of Americans gnuman. Many of us feel trapped inside of our own countr whith out work moving to China and Pakistan. More Americans would have better jobs if work stayed in the US of A. Stop refering to us the same way you refer to our government, its there fault that our companies are allowed to move so much work to China and Pakistan and Indonnesia.

JP - Seattle

Quote: Originally Posted by gnuman

Hey according to American politics they value their lives more than anyone elses...

Sure that $180bln could've provided better health care, money for school supplies to poor neighborhoods, but come in its the USA they can outsource all their work pay people $5/day instead of $15/hr and don't have to care.

They like living in a society with the amount of brutality and violence like a third world country. When they can't manage their own country how can they manage someone elses?

 

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