September 23, 2007

Iraq War Costing $720 Million Each Day

Iraq War Costing $720 Million Each Day. Painful, isn’t it?

The money spent on one day of the Iraq war could buy homes for almost 6,500 families or health care for 423,529 children, or could outfit 1.27 million homes with renewable electricity, according to the American Friends Service Committee, which displayed those statistics on large banners in cities nationwide Thursday and Friday.

The war is costing $720 million a day or $500,000 a minute, according to the group’s analysis of the work of Nobel Prize-winning economist Joseph E. Stiglitz and Harvard public finance lecturer Linda J. Bilmes.

That works out to $8,000 every second. But hey, its ok. Its for national security! Don’t you feel safer, knowing we turned an entire country into a black-market playground for individuals that hate America? And I’m sure we’ve converted half the population of Iraq from neutral individuals just trying to get by in life to anti-western extremists. Hell, if someone occupied my country I would feel the same way. Good work, US government!

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