Aug. 1st, 2007

edschweppe: (vote at your own risk)
Hey, that's just the low end of the likely cost of the Iraq war to the US taxpaying public, according to a story in today's Boston Globe:
WASHINGTON -- The war in Iraq could ultimately cost well over a trillion dollars -- at least double what has already been spent -- including the long-term costs of replacing damaged equipment, caring for wounded troops, and aiding the Iraqi government, according to a new government analysis.

The United States has already allocated more than $500 billion on the day-to-day combat operations of what are now 190,000 troops and a variety of reconstruction efforts.

In a report to lawmakers yesterday, the nonpartisan Congressional Budget Office estimated that even under the rosiest scenario -- an immediate and substantial reduction of troops -- American taxpayers will feel the financial consequences of the war for at least a decade.
The Congressional Budget Office ran the numbers for two scenarios: one in which US troop strength in Iraq was reduced to 30,000 by 2010, and a less optimistic one where 75,000 troops stay in Iraq through at least 2012. On current trends, the more optimistic scenario would cost the US taxpayer another $500 billion; the less optimistic one another $900 billion.

Remember, this war was supposed to be fought on the cheap:
Those costs -- both to sustain the current mission in Iraq and to pay longer-term "hidden" expenses like troop healthcare and replacement equipment -- are far more than US officials advertised when Congress gave President Bush the authority to launch the invasion in March 2003.

At the time, the White House and then-defense secretary Donald Rumsfeld predicted a quick, decisive victory and counted on Iraqi oil revenues to pay for the war. And when Lawrence Lindsey, one of Bush's top budget advisers, estimated in 2003 that the entire undertaking could cost as much as $200 billion, he was fired.
Well, incompetence has been this Administration's signature theme; I suppose it shouldn't be any surprise that the incompetence is costing us a literal fortune.
edschweppe: (vote at your own risk)
Hey, that's just the low end of the likely cost of the Iraq war to the US taxpaying public, according to a story in today's Boston Globe:
WASHINGTON -- The war in Iraq could ultimately cost well over a trillion dollars -- at least double what has already been spent -- including the long-term costs of replacing damaged equipment, caring for wounded troops, and aiding the Iraqi government, according to a new government analysis.

The United States has already allocated more than $500 billion on the day-to-day combat operations of what are now 190,000 troops and a variety of reconstruction efforts.

In a report to lawmakers yesterday, the nonpartisan Congressional Budget Office estimated that even under the rosiest scenario -- an immediate and substantial reduction of troops -- American taxpayers will feel the financial consequences of the war for at least a decade.
The Congressional Budget Office ran the numbers for two scenarios: one in which US troop strength in Iraq was reduced to 30,000 by 2010, and a less optimistic one where 75,000 troops stay in Iraq through at least 2012. On current trends, the more optimistic scenario would cost the US taxpayer another $500 billion; the less optimistic one another $900 billion.

Remember, this war was supposed to be fought on the cheap:
Those costs -- both to sustain the current mission in Iraq and to pay longer-term "hidden" expenses like troop healthcare and replacement equipment -- are far more than US officials advertised when Congress gave President Bush the authority to launch the invasion in March 2003.

At the time, the White House and then-defense secretary Donald Rumsfeld predicted a quick, decisive victory and counted on Iraqi oil revenues to pay for the war. And when Lawrence Lindsey, one of Bush's top budget advisers, estimated in 2003 that the entire undertaking could cost as much as $200 billion, he was fired.
Well, incompetence has been this Administration's signature theme; I suppose it shouldn't be any surprise that the incompetence is costing us a literal fortune.
edschweppe: Myself in a black suit and black bow tie (Default)
My last post was pretty cynical; this is just plain amusing. Courtesy of Jerry Weinberg's Weinberg on Writing blog, a YouTube rant on "The Impotence of Proofreading" [1]:

http://www.youtube.com/watch?v=FjhOBiSk8Gg

The audio track for this is hilarious but definitely NSFW. (The visuals are perfectly clean, so you'd be reasonably safe using headphones. But do not have the speakers on.)

[1] No, that title is not a typographical error. At least, it's not my error ...
edschweppe: Myself in a black suit and black bow tie (Default)
My last post was pretty cynical; this is just plain amusing. Courtesy of Jerry Weinberg's Weinberg on Writing blog, a YouTube rant on "The Impotence of Proofreading" [1]:

http://www.youtube.com/watch?v=FjhOBiSk8Gg

The audio track for this is hilarious but definitely NSFW. (The visuals are perfectly clean, so you'd be reasonably safe using headphones. But do not have the speakers on.)

[1] No, that title is not a typographical error. At least, it's not my error ...

Profile

edschweppe: Myself in a black suit and black bow tie (Default)
Edmund Schweppe

February 2025

S M T W T F S
      1
2345678
9101112131415
16171819202122
2324252627 28 

Most Popular Tags

Style Credit

Expand Cut Tags

No cut tags