Tuesday, November 13, 2007

'Hidden Costs' Double Price Wars

Congressional Democrats claim hidden economic costs have raised the pricetag of the wars in Afghanistan and Iraq to $1.5 trillion. From the Washington Post:

"That amount is nearly double the $804 billion the White House has spent or requested to wage these wars through 2008, according to the Democratic staff of Congress's Joint Economic Committee. Its report, titled 'The Hidden Costs of the Iraq War,' estimates that the wars in Iraq and Afghanistan have thus far cost the average U.S. family of four more than $20,000. "
What are the hidden costs?

The report says the war is diverting investments in America and taking Reservists and National Guardsmen away from their civilian jobs. (WaPo)

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