[Rhodes22-list] Cost of the war and the nation debt
Bud
budconnor at earthlink.net
Thu Jan 11 20:54:08 EST 2007
The cost of the war is around $350B, with the President asking for
another 74B.
Let's say (for the sake of argument) that we end up spending $500B on
the war.
To me, this is an impressive achievement, in that it demonstrates we as
a nation
can allocate a large sum of money for one cause. Which brings me to my
point -
if we can spend $500B (over what 5 years?) then surely we can start to
pay down
the national debt - which should take about 70 years at the rate of 100B
a year.
I don't know about you, but I haven't felt a noticeable amount of burden
or pain
paying for the war. Yes, I know all that money could have been spent on
goods
and services elsewhere. But if this is what paying down the national
debt would
feel like - then I am all for it.
-Bud
ps - of course, we will also have to balance the budget.
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