Fri, Aug 22, 2014, 2:37 PM EDT - U.S. Markets close in 1 hr 23 mins


% | $
Quotes you view appear here for quick access.

General Electric Company Message Board

  • boytoy.obama boytoy.obama Mar 15, 2013 7:27 PM Flag

    Cut 'n run today -- from all the wars


    The U.S. invaded Iraq 10 years ago next week. Was it worth it?

    Next Tuesday will mark the 10-year anniversary of the Iraq war. The cost of that military adventure? Approximately 190,000 dead soldiers, contractors, and civilians, and a $2.2 trillion bill for American taxpayers, according to a new report from Brown University. Specifically, the research was conducted by "30 economists, anthropologists, lawyers, humanitarian personnel, and political scientists from 15 universities, the United Nations, and other organizations."

    The initial cost estimate by the U.S. Office of Management and Budget in 2002: $60 billion. As we reported last week, that's the amount the United States ended up spending on reconstruction efforts alone, with $8 billion of it being wasted outright. The $2.2 trillion number cited by Brown includes the cost of caring for veterans, and could climb to $3.9 trillion by 2053 thanks to cumulative interest on borrowed funds.

    SEE MORE: How Republicans hurt more than just their own party by acting irrationally

    As for the 190,000 dead: Roughly 134,000 of them were Iraqi civilians.

    Obviously, those numbers are pretty staggering. And they raise an obvious question: Was it worth it? Not according to the researchers. Reuters sums up the findings:

    The report concluded the United States gained little from the war while Iraq was traumatized by it. The war reinvigorated radical Islamist militants in the region, set back women’s rights, and weakened an already precarious healthcare system, the report said. [Reuters]

    Particularly alarming, the report says, is the lack of access to healthcare after "more than half of Iraq’s medical doctors left the country during the 2000s."
    SEE MORE: The week's best of the internet

    Of course, plenty of people see the Iraq war as something of a success, albeit a costly one. And certainly, in the bloody days before the successful surge and Sunni awakening, it seemed that Iraq might never achieve the relative stability and fragile peace it has today. And, as Victoria Nuland, spokesperson for the U.S. State Department, notes, U.S.-Iraq ties have at least improved.

    Compared to where we were in the Saddam era, we now have a bilateral security agreement. We have deep economic interests and ties. We have a security relationship. We have a political relationship. [Stars and Stripes]

    Of course, Saddam Hussein had few admirers. But did the United States really achieve its goal of making Iraq a free and democratic country? Not really, says the report. Iraq ranks 112th out of 165 countries in the Economist Intelligence Unit's Democracy Index — classified somewhere between a "flawed democracy" and an "authoritarian regime."
    SEE MORE: Why some ancient birds had four wings

    And while things are better today than they were in, say, 2006, it's not like today's Iraq is violence-free. The same morning that the new figures were released, Reuters reported that coordinated blasts killed 25 people near the Green Zone in Baghdad.

    This topic is deleted.
    SortNewest  |  Oldest  |  Most Replied Expand all replies
26.165-0.265(-1.00%)2:37 PMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.