What Can the $600 Billion Wasted on Iraq Buy?

November 13, 2007 at 7:28 am Leave a comment

Wonder where your tax dollars are going? John Aravosis at Americablog links to this amazing story about what could have been done with the hundreds of billions of dollars that George Bush has wasted on the Iraq war.

From Boston Globe:

“If the Bush administration succeeds in its latest request for funding for the war in Iraq, the total cost would rise to $611.5 billion, according to the National Priorities Project, a nonprofit research group,” the staff stated in an online introduction. “The amount got us wondering: What would $611 billion buy?”

Among the findings, from college tuition to free gasoline — each posted with an accompanying photo — staffers revealed the following:

• “U.S. drivers consume approximately 384.7 million gallons of gasoline a day. Retail prices averaged $3.00 a gallon in early November. Breaking it down, $611 billion could buy gasoline for everybody in the United States, for about 530 days.”

• “In fiscal 2008, Medicare benefits will total $454 billion, according to a Heritage Foundation summary. The $611 billion in war costs is 17 times the amount vetoed by the president for a $35 billion health.”

• “According to World Bank estimates, $54 billion a year would eliminate starvation and malnutrition globally by 2015, while $30 billion would provide a year of primary education for every child on earth. At the upper range of those estimates, the $611 billion cost of the war could have fed and educated the world’s poor for seven years.”

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