Subject:
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Re: The U.S. Economy: The Thousand Yard Stare Through the Years
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Newsgroups:
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lugnet.off-topic.debate
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Date:
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Fri, 25 Apr 2003 20:19:10 GMT
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Viewed:
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287 times
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"richard marchetti" <blueofnoon@aol.com> writes:
> -Cost of War with Iraq-
>
> see: http://www.pbs.org/now/politics/wareconomy.html
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> Congressional Budget Office Projection for a six-week war: $50 billion
> Congressional Budget Office Costs for First Gulf War (today's dollars): $80
> billion
Is the latter the cost paid by the US for the first Gulf war only, or
the total cost? The first Gulf war, being sactioned by the UN, was not
paid exclusively by the US. Far from it, the bill was shared between
many countries. The present war with Iraq, on the other hand, will have
to be paid to a larger degree by the US, causing a much larger economic
impact.
Fredrik
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