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Is the Iraq War Costlier Than Doing Nothing?
US News & World Report ^ | November 14, 2007 | James Pethokoukis

Posted on 11/16/2007 4:23:44 PM PST by giotto

The Democratic study on the "real costs" of the wars in Iraq ($1.3 trillion) and Afghanistan ($300 billion) from 2002 through 2008 will almost assuredly lead to a common perceptual pitfall. An explanation: Let's assume that the numbers on Iraq are more or less accurate. And let's stipulate for a moment that when you take into account "hidden costs" such as interest payments on new debt to pay for the war, the expense of long-term healthcare for our injured warriors, and the impact of higher oil prices, the total cost of Iraq is indeed twice what the White House has requested from Congress.

Should we then assume that by not waging the war, Uncle Sam would be a trillion dollars to the better? That would be a questionable assumption, a product of a sort of "static analysis" that assumes if you change one critical factor, all the rest stay pretty much the same. Professional futurists, like the ones at the Big Oil companies, know better than that. They give clients a range of scenarios based on different values for different variables. And that is also what three economists at the University of Chicago's business school did in 2006. They looked at the costs of not going to war with Iraq back in 2003. Their study instead examined the costs of containing Iraq.

Read the rest of the article.

(Excerpt) Read more at usnews.com ...


TOPICS: Business/Economy; Foreign Affairs; Government; War on Terror
KEYWORDS: cost; iraq; war
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1 posted on 11/16/2007 4:23:45 PM PST by giotto
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To: giotto

Bush invaded Iraq to keep their oil off the market. Heard that idea recently.


2 posted on 11/16/2007 4:25:09 PM PST by RightWhale (anti-razors are pro-life)
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To: giotto
Doing nothing would have been several million dead had Saddam Hussein unleashed nuclear attacks within the United States. That danger was eliminated.

"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelologus

3 posted on 11/16/2007 4:27:14 PM PST by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
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To: giotto

Interesting question.... The answer is to be found in Detroit where it is ok for blacks to murder blacks and by turning a blind eye, the practice continues at an alarming rate.

We can assume that by turning a blind eye to terrorists, the practice of terrorism will escalate.


4 posted on 11/16/2007 4:31:40 PM PST by bert (K.E. N.P. +12 . Moveon is not us...... Moveon is the enemy)
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To: bert
If the Democrats were principled, they would vote to cut off funding to our nation's urban disaster areas.

"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelologus

5 posted on 11/16/2007 4:33:26 PM PST by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
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To: giotto

You wants facts... the facts are that there are a couple of hundred thousand less jihadi/al qaeda fighters. I’d say that is PRICELESS!

LLS


6 posted on 11/16/2007 4:34:38 PM PST by LibLieSlayer (Support America, Kill terrorists, Destroy dims!)
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To: giotto
What is the going rate for an innocent human life? Multiply that by the hundreds of thousands, if not millions, these muslims intend to exterminate by any means necessary. I guess it really boils down to how much you value human life which would naturally lead to the dems claiming that we are overpaying...
7 posted on 11/16/2007 4:39:48 PM PST by kinoxi
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To: devolve; giotto; ntnychik; PhilDragoo
The dems think a 'flower of peace' will prevent this;
 

 
It's mind boggling!

8 posted on 11/16/2007 4:43:08 PM PST by potlatch ("Life may not be the party we hoped for, but while we're here we might as well dance!")
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To: giotto
Reminds me of the timeless observation of PJ O'Rourke on healthcare: "If you think it's expensive now, wait until you see how much it costs when it's free.

If you think winning the War on Islamofascism is expensive, imagine how much surrender will cost. Gibbering idiots of the Left have no idea.

9 posted on 11/16/2007 4:55:02 PM PST by hinckley buzzard
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To: giotto
Let’s make a complete list of all the pork barrel spending in the past 6 years - naming the ridiculous things it all went for and who pushed them through -
10 posted on 11/16/2007 4:55:45 PM PST by maine-iac7 (",,,but you can't fool all of the people all the time" LINCOLN)
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To: giotto
ALL MONEY, AND I MEAN ALL MONIES not spent on the war effort and terrorism, WOULD HAVE BEEN SPENT ANYWAY. Only Bush and his pals in the Socialist People's Abortion Homosexual Stinking Pigs Dimocrat Communist Party WOULD HAVE SPENT IT ON SUCKING SOCIALIST PROGRAMS!!!!!! Such as the Bush-Fat Ted education bill and billions and trillions on giving FREE medical care and stuff to millions of ILLEGALS!! IT would have been spent anyway. The whining Liberals are only whining cause they did not have that money to buy more votes!!!
11 posted on 11/16/2007 4:58:37 PM PST by RetiredArmy (The Marxist's Dimocrat Party led us to defeat in Vietnam and want to repeat it in Iraq.)
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To: giotto
money not borrowed and spent on Iraq might well have been spent on something else given the White House's free-spending ways

The author is apparently so unfamiliar with the Constitution that he doesn't realize the White House doesn't spend anything. Only Congress can spend government money.

12 posted on 11/16/2007 5:01:51 PM PST by Sherman Logan
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To: potlatch

.

Flower Power Pelosi!


13 posted on 11/16/2007 5:02:42 PM PST by devolve (---- -Secret_Asian_Man_&_Dr.No-No_Sorass_-)
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To: devolve

Yep. Think if we give each of those maniacs a rose it will make them nice? Snicker.


14 posted on 11/16/2007 5:06:06 PM PST by potlatch ("Life may not be the party we hoped for, but while we're here we might as well dance!")
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To: potlatch

Nice job, potlatch...did you create that?


15 posted on 11/16/2007 5:52:53 PM PST by rlmorel (Liberals: If the Truth would help them, they would use it.)
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To: devolve; rlmorel

[ Nice job, potlatch...did you create that?]

Thank you rlmorel. I “animated” it and put Pelosi’s head and the rose in it.

The original was a still black and white drawing by a cartoonist so I can’t claim to have drawn the original. I have seen my animated version in Google pages with my name taken off now, lol!


16 posted on 11/16/2007 6:00:17 PM PST by potlatch ("Life may not be the party we hoped for, but while we're here we might as well dance!")
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To: potlatch

.

Bumperoo


17 posted on 11/16/2007 6:02:18 PM PST by devolve (---- -Secret_Asian_Man_&_Dr.No-No_Sorass_-)
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To: hinckley buzzard
Reminds me of the timeless observation of PJ O'Rourke on healthcare: "If you think it's expensive now, wait until you see how much it costs when it's free.

If you think winning the War on Islamofascism is expensive, imagine how much surrender will cost. Gibbering idiots of the Left have no idea.

Excellent point. Has anyone on the left ever asked what eight years of the Clintons cost us? Eight years of doing nothing to fight terrorism, while their fat cat donors frolicked in the Lincoln Bedroom and der Schlickmeister chased interns around the Oval Office, resulted in 9/11. Whatever the final cost of 9/11--and I've heard it's as high as $639 billion--it was spent to clean up the destruction caused by 19 terrorists. Iraq is at least a constructive use of public money. An entire country will emerge better for our efforts, the lives of millions will be better, and the world will be safer.

18 posted on 11/16/2007 6:02:46 PM PST by giotto
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To: devolve

I’m going to make you a gif of that word!! Lol.


19 posted on 11/16/2007 6:06:36 PM PST by potlatch ("Life may not be the party we hoped for, but while we're here we might as well dance!")
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To: giotto

What happens if we use Democrat Accounting Standards to expose the “hidden costs” of Democrat Welfare and pork?

Like the “700,000 killed” lie, this is just ANOTHER LIE, and it’s eagerly swallowed without even a HINT of fact-checking by the supposed “impartial” media...


20 posted on 11/16/2007 6:08:33 PM PST by tcrlaf (You can lead a Liberal to LOGIC, but you can't make it THINK)
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