How Much Longer?

Few Americans realize just how costly our foreign policy is. A senior economic adviser to George Bush embarrassed the White House when he warned the Iraq war could cost $100 to $200 billion. In 2006 estimates of the long-term costs of the war, including care for our maimed soldiers increased to $2 trillion. By the beginning of 2007 the $2 trillion figure was considered low.

 

Our 700 bases in 130 countries now cost $1 trillion per year to maintain. In 2008 the Defense Budget was $623 billion, the largest budget since WWII and we are not fighting WWII.

 

As in domestic spending where higher budgets rarely translate into better performance, it is doubtful that much of this spending is actually contributing to our security.

 

With $9 trillion debt and possibly $50 trillion in entitlement liabilities how much longer can we afford this counterproductive extravagance?

Regards,
John Jenkins

865-803-8179 cell

Gatlinburg, TN
Email: jrjenki@yahoo.com 

Website: http://www.greenbriersolutions.com 
Blog: http://littlepigeon.blogspot.com/

Hyperbole is the Best Thing Ever.