Re: Here's an Interesting Question: Has Bush's Wars Cost More Than WWII?

From: Harold (hcbrashears_at_netscape.com)
Date: 08/04/04


Date: Tue, 03 Aug 2004 20:24:32 -0500

On Sat, 31 Jul 2004 12:17:38 GMT, Salad <oil@vinegar.com> wrote:

>Psalm 110 wrote:
>> http://www.heraldsun.news.com.au/common/story_page/0,5478,10298772%255E1702,00.html
>>
>> Here's an Interesting Question: Has Bush's Wars Cost More Than WWII?
>>
>> The news is reporting the highest deficit in USA history,
>> $445,000,000,000.00. If it is the HIGHEST in USA history, than it
>> would be higher than 4 years of WWII. If the deficit was higher after
>> WWII than this couldn't be the HIGHEST.

Wrong. As a percentage of GDP, which is the ability to repay, and is
how deficits should be counted, it is much smaller than WWII.
>>
>> The ONLY way this could be the HIGHEST EVER in the entire history of
>> the USA is if these pissant wars in Iraq and Afghanistan cost
>> significantly more that WWII.

Wrong. Two problems, inflation and other spending. The dollars need
to be adjusted for inflation, and you have ignored other spending.
>>
>> WWII had the buildup of thousands of ships and many tens of thousands
>> of fighte and bomber planes, and the costs of outfitting 3,000,000 men
>> in uniform. It is hard to imagine that all that did not cost what
>> George W. Bush has spent since 9/11, only 36 months ago.
>>
>> Bush hasn't spent money on anything else: he cut environment, he cut
>> schools, he cut veterans benefits from the guys who fought WWII.

Incorrect on every count. See either OMB at:
http://www.whitehouse.gov/omb/
or CBO at:
http://www.cbo.gov/
and for a historical view:
http://www.census.gov/statab/www/
and finally:
http://www.bea.doc.gov/
>>
>> Can it be that Bush really has outspent WWII?
>
>I believe the figures that bush has been putting to the public for the
>war is magical...basically smoke and mirrors.

Some people prefer their beliefs to fact. Since you clearly lack
facts, I will leave it to you to read the above links.

Though I think you are too lazy to learn and too happy in your
ignorance.

Regards, Harold (Capitalist Pig)

----
The cost of freedom is always high, but Americans have always paid it. 
And one path we shall never choose, and that is 
the path of surrender, or submission." 
   ----President John F. Kennedy


Relevant Pages