It’s difficult to fully comprehend the total price tag of the Iraq war, but Republican presidential candidate Ron Paul has made some staggering calculations, coming up with a whopping $3.5 trillion—“including ‘hidden costs” such as interest on the money we’re borrowing, and long-term health care for vets.
Ron Paul’s Texas Straight Talk:
If $3.5 trillion is the true cost of these military adventures, $11,500 is the amount every man, woman and child in this country pays. So, a family of four would pay $46,000 just for this war. This is an especially painful number to me, as the median household income of my constituency in Texas is just $43,000 a year. In other words, war has cost more than an entire year’s worth of income from each middle class Texas family.
What about the impact of these costs on education, the very thing that so often helps to increase earnings? $46,000 would cover 90% of the tuition costs to attend a four year public university in Texas for both children in that family of four. Obviously, it would far outpace the cost of a community college degree, so vital to so many in the workforce.
But, instead of sending kids to college, too often we’re sending them to Iraq , where the best news in a long time is they aren’t killing our men and women as fast as they were last month.