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Cost of War for a Family of Four: $46,400.

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calteacherguy Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-13-07 11:14 PM
Original message
Cost of War for a Family of Four: $46,400.
Edited on Tue Nov-13-07 11:17 PM by calteacherguy
ASHINGTON (CNN) -- The total economic impact of the wars in Iraq and Afghanistan is estimated at $1.6 trillion by 2009, a congressional committee said in a report released Tuesday.

That is nearly double the $804 billion in direct war costs the White House requested so far from Congress, the Democratic-led Joint Economic Committee said.

The committee estimated $1.3 trillion in war costs by the end of 2008 for Iraq, and the remainder for Afghanistan.

The total war costs could grow to $3.5 trillion by 2017, the committee estimated.

The higher total economic impact comes from, among other things, the cost of borrowing money to pay for the war, lost productivity, higher oil prices and the cost of health care for veterans, the committee said.

The committee calculated the average cost of both wars for a family of four would be $20,900 from 2002 to 2008. The cost for a family of four would go up to $46,400 from 2002 to 2017, the committee said.

http://www.cnn.com/2007/POLITICS/11/13/hidden.war.costs/index.html
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mark414 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-13-07 11:15 PM
Response to Original message
1. Impeaching George Bush and Dick Cheney: Priceless
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AuntPatsy Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-13-07 11:24 PM
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3. Good one.
:hi:
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Mountainman Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-13-07 11:18 PM
Response to Original message
2. The costs in lost opportunities is even greater I'd think. What things could have been done if
that money was used for social needs rather than for a needless war. The karma of this war will be with us for many many years to come.
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tuckessee Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-13-07 11:24 PM
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4. I wonder how much it has cost an average Iraqi family of four?
Probably just one family member killed or seriously wounded.
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lonestarnot Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-13-07 11:26 PM
Response to Reply #4
5. Wha?
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Quixote1818 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-13-07 11:31 PM
Response to Original message
6. This needs to be a national ad
If it starts hitting home how much this is costing even the most hard core Republicans will turn against it. The only thing that they care about is money.
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