|Breaking the bank: US wars in Afghanistan, Iraq to cost $6 trillion!


| truthaholics

US wars in Afghanistan, Iraq to cost $6 trillion ~ Sabir ShahThe News International.

 

LAHORE: The decade-long American wars in Afghanistan and Iraq would end up costing as much as $6 trillion, the equivalent of $75,000 for every American household, calculates the prestigious Harvard University’s Kennedy School of Government.

 

Remember, when President George Bush’s National Economic Council Director, Lawrence Lindsey, had told the country’s largest newspaper “The Wall Street Journal” that the war would cost between $100 billion and $200 billion, he had found himself under intense fire from his colleagues in the administration who claimed that this was a gross overestimation.

 

Consequently, Lawrence Lindsey was forced to resign.It is also imperative to recall that the Bush administration had claimed at the very outset that the Iraq war would finance itself out of Iraqi oil revenues, but Washington DC had instead ended up borrowing…

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