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Old 01-27-2017, 10:52 PM  
Rochard
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Quote:
Originally Posted by NewNick View Post
Can I ask where the $100bn cost comes from. A source for the data and what the $100bn consists of ?

Just asking.



And to put that expenditure into perspective (if the data is vaild)

Joseph Stiglitz, former chief economist of the World Bank and winner of the Nobel Prize in Economics, and Linda Bilmes of Harvard University, have stated the total costs of the Iraq War on the US economy will be three trillion dollars in a moderate scenario, described in their book The Three Trillion Dollar War and possibly more in the most recent published study, published in March 2008.[10] Stiglitz has stated: "The figure we arrive at is more than $3 trillion. Our calculations are based on conservative assumptions...Needless to say, this number represents the cost only to the United States. It does not reflect the enormous cost to the rest of the world, or to Iraq."[10]

A 2013 updated study[11] pointed out that U.S. medical and disability claims for veterans after a decade of war had risen to $134.7 billion from $33 billion two years earlier.
I don't really doubt the humbers. Illegal immigrants burn up a lot of money. Schools, law enforcement, medical and health needs, social services.... etc etc etc.

But you bring up a valid point - the amount of money we've spent on multiple wars in the past twenty years is staggering.... And the costs will continue to go up.
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