War Spending Vs. America Spending

Running Head : struggle against IraqOpportunities Lost Due To fight against Iraq (Name of Student (Name of InstructorOpportunities Lost Due To War against IraqIn 2003 , when United States started invading Iraq , Larry Lindsey President Bush s scotch adviser said that the conciliate up of this state of warfare might reach 200 one thousand million . Everybody scene this was too much and the only way they put up subvert back is non to spend any on the reconstruction of Iraq . It has been to a greater extent than five years and the economic impact of this war has been more than anybody imagined (Wilson , 2006harmonize to Congressional Budget social occasion (CBO , this war has been the some expensive war in the muniment of United States . If we look at all the wars for past threescore years i .e . the war in Afghani stan , Vietnam etc this war had a very heavy(p) impact on the United States economy The war in Vietnam had a toll of almost 5 .1 one million million per month , which , is a locoweed less than this war . According to American Enterprise Institute (AEI the toll of Iraq war is zero point as compared to whole of United States economy , but verse examine otherwise (BBC , 2005According to CBO , The Initial deployment alone , of the troops in Iraq had a cost of almost 9 million to 13 billion . Conducting the war required almost 6 billion to 9 billion per month . When making these estimations on the cost of war against Iraq the CBO made certain assumptions . A few unvalued factors were not included this means the actual cost of this war is more than shown . The number of casualties loss of military equipment etc are such be which cannot be determined before hand and these be amplification the actual cost of the war .
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Table I shows estimated cost of the war compared to other wars against terrorism (Billions of Dollars , by financial Year2001 2002 2003 2004 2005 2006 2007 01-07Military trading operations and OtherDefense ActivitiesIraq 0 0 46 68 53 89 113 368Other 14 18 34 21 18 22 39 165Sub Indigenous Security ForcesIraq 0 0 0 5 6 3 6 19Afghanistan 0 0 0 0 1 2 7 11Sub diplomatical Operations and Foreign AidIraq 0 0 3 15 1 3 3 25Other 2 5 2 2 1 2 14Sub Veterans Benefits and ServicesIraq 0 0 0 0 0 0 1 1Other 0 0 0 0 0 0SubTABLE I : Estimated Appropriations Provided for Iraq and the War on Terrorism , 2001 to 2007Source : Congressional Budget top executive , 2007Note : Values may not add due to approximationsJoseph E . Stiglitz and Linda Bilmes presente d a research on the cost of war in Iraq . According to this seek the real cost of war in Iraq is a lot more than actual approximations made by the government . This currency comes from the tax payers of our nation . According to Stiglitz on that point are trey parts of his calculations that...If you want to get a full essay, nightspot it on our website: BestEssayCheap.com

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