-Caveat Lector- http://www.hindustantimes.com/news/181_114912,0005.htm
War with Iraq could cost US nearly $2 trillion over a decade Press Trust of India Washington, December 6 War with Iraq could cost the United States anywhere from $99 billion to more than $1.9 trillion over a decade, researchers concluded in a study. In the worst case, a war could consume the equivalent of an entire federal budget for one year or close to that, according to the projections. The government spent $2 trillion in the last budget year, which ended September 30. The lower figure assumes a successful military, diplomatic and nation- building campaign and the higher figure a prolonged war with a disruption of oil markets and a US recession, said the American Academy of Arts and Sciences study released yesterday. Both figures assume a US involvement in the country for 10 years. White House spokesman Gordon Johndroe said it was too premature to comment on cost estimates. "War is the last resort," he said. "We're hoping for a peaceful solution." Direct military spending could be $50 billion in a short campaign to $140 billion in a prolonged war, according to the study, "War With Iraq: Costs, Consequences and Alternatives." The macroeconomic impact, which includes employment, could benefit the United States by $17 billion, or in an unfavourable situation, cost $391 billion. The American Academy of Arts and Sciences, founded in 1780 and based in Cambridge, Massachusetts, is an international society of scientists, scholars, artists, business people and political leaders. Printed From <A HREF="http://www.ctrl.org/";>www.ctrl.org</A> DECLARATION & DISCLAIMER ========== CTRL is a discussion & informational exchange list. Proselytizing propagandic screeds are unwelcomed. Substance�not soap-boxing�please! These are sordid matters and 'conspiracy theory'�with its many half-truths, mis- directions and outright frauds�is used politically by different groups with major and minor effects spread throughout the spectrum of time and thought. That being said, CTRLgives no endorsement to the validity of posts, and always suggests to readers; be wary of what you read. CTRL gives no credence to Holocaust denial and nazi's need not apply. Let us please be civil and as always, Caveat Lector. ======================================================================== Archives Available at: http://peach.ease.lsoft.com/archives/ctrl.html <A HREF="http://peach.ease.lsoft.com/archives/ctrl.html";>Archives of [EMAIL PROTECTED]</A> http:[EMAIL PROTECTED]/ <A HREF="http:[EMAIL PROTECTED]/";>ctrl</A> ======================================================================== To subscribe to Conspiracy Theory Research List[CTRL] send email: SUBSCRIBE CTRL [to:] [EMAIL PROTECTED] To UNsubscribe to Conspiracy Theory Research List[CTRL] send email: SIGNOFF CTRL [to:] [EMAIL PROTECTED] Om
