A study released Thursday indicated that Iraq & Afghanistan could cost the United States $2.4 Trillion dollars by 2017, including interest on the borrowed money. This cost is something like 48 times what Bush originally promised and works out to something like $8,000 for every man, woman, and child in America.
So, my question is whether folks would rather be taxed now to pay for the wars or would rather pass the costs along to their children and grandchildren. I heard someone quip that the tax for these wars had already been imposed, the only question is how long the government is going to wait before collecting it.
Don’t forget, it was Bush’s Man Mitch who said the Iraq war would cost only $50-60 Billion, and even that was too much for the Bush administration.
http://www.cnn.com/2003/ALLPOLITICS/01/01/sproject.irq.war.cost/
The taxes will be “extracted” from our new Chinese leaders when they call in our debts. I vote we give them Texas and call it even.
sorry, should have said BY our new Chinese leaders.
The sad–and real–answer to this question is…yes.