3 ms·
The article you linked, doesn't say we spent $6 trillion in Iraq, it mentions a report saying the costs could be 6 trillion over the next 40 years. The infrast
by pcardh0 10y ago
The article you linked, doesn't say we spent $6 trillion in Iraq, it mentions a report saying the costs could be 6 trillion over the next 40 years. The infrastructure report wants 4 trillion by 2020. Very different time periods.
- drawkbox 10y ago2 trillion+ already spent and gone and much of the remaining 4 trillion in interest and healthcare for veterans. That money would be more available today and we still have to pay it. Harder to get money now if large amounts are already spent now and in the future, it does impact 2020 budgets. Are you saying debt now doesn't impact spending? It does indeed. The fact the interest will carry for 40 years is telling in how we are budgeting for the wrong things. Money owed is money owed even if interest only becomes 2 trillion we are still at 4 trillion. It will probably end up as more than 6 trillion as these figures are usually off on the low side. That is money that is on the books that could have been used for infrastructure and is harder to get now.