Funny how that works. When the genuine experts complete their research, they publish a book that re-iterates exactly the platform of Ron Paul. Nobel winning economist Joseph Stiglitz has explained very carefully the figures and economic costs of the war, and has come to the conclusion that, conservatively speaking, the war has done horrendous damage to our economy and it must end, or so it seems, we will.
He reports that the war has cost the U.S. Treasury $845 billion directly.
This doesn’t count a whole plethora of ‘indirect costs’ such as health care for injured troops; interest we must pay to foreigners for borrowing to conduct the war, replacement of equipment and hardware used up or destroyed by war, or our diminishing military capacity, increased cost of oil, and a host of others.
Asked if the war has contributed to the U.S. slowdown, Stiglitz said, “Very much so.”
“To offset that depressing effect, the Fed has flooded the economy with liquidity and the regulators looked the other way when very imprudent lending was going up,” Stiglitz said. “We were living on borrowed money and borrowed time and eventually a day of reckoning had to come, and it has now come.””
There are a lot of other ways to achieve our ‘ends’ in assassinating bin Laden, than to destroy our economy and make a very few people very, very rich.
The most pathetic thing of all is that when we need REAL answers, our political parties and mainstream media dangle before us anyone BUT the one with real answers to the very hard questions.
So, you choose. Economic collapse and a dictatorship, or Ron Paul. We’ll ALL have to live or die with that choice.