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Cost of Iraq War and Nation Building (Updated 2008)
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"If we don't stop extending our troops all around the world in nation-building missions, then we're going to have a serious problem." — George W. Bush, Jan. 2001.
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The US budget for Iraq in FY 2007 came to $4,988/Iraqi. This is triple Iraq's per-person GDP. It's like spending $121,000 per person ($484,000 per family of 4) in the US. Why not just bribe the whole country? See spreadsheet for details.
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Before the war, White House economic adviser Lawrence Lindsay estimated the cost at $100 to $200 billion. So the White House got rid of him and "re-estimated" the cost at $50 to $60 billion. It's now over $500 billion.
The neocons, Rumsfeld, Cheney, Wolfowitz, etc. were just totally unrealistic. "We are dealing with a country that can really finance its own reconstruction, and relatively soon." – Wolfowitz, March 28, 2003.
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http://zfacts.com/p/447.html | 05/09/08 21:38 GMT Modified: Thu, 06 Mar 2008 02:54:15 GMT
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