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The 7 - Current Events & Politics - Billboard Clocks War Costs Register and log in to post!
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DrOp
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#1 Posted on 26.8.04 0711.15
Reposted on: 26.8.11 0711.57
These numbers sure shed a unique light on the cost of the war (and point that hasn't been made in a while).

http://www.cnn.com/2004/ALLPOLITICS/08/25/ticking.billboard.reut/index.html


    A giant clock ticking the cost of the war in Iraq lit up in Times Square Wednesday, making its debut by flashing $134.5 billion.

    The amount on the clock will grow at a rate of $177 million a day, $7.4 million an hour and $122,820 per minute, said the advocacy group Project Billboard which put it up.

    Project Billboard is supported by the Center for American Progress, a liberal think tank headed by John Podesta who served as chief of staff under former President Bill Clinton.


Another example of the liberal media I guess?

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Grimis
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#2 Posted on 26.8.04 0732.29
Reposted on: 26.8.11 0733.18
Actually its an advocacy group, so it's not the liberal media...

But I would certainly agree that the cost of the war is out of control, regardless of how you stand on the war itself.
Pool-Boy
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#3 Posted on 26.8.04 1330.49
Reposted on: 26.8.11 1331.47
Not if it is pure factual. I mean, an actual, legitimate dollar cost of the war can't be slanted. Oh, you can say it is going for a good cause, blah blah, or you can say he is stealing it from the Social Security fund, but those statements require context and are clearly partisan on their own.

No problem with this - in the end, even if it does have a political slant, it is a political ad, so no big deal.

Personally, I supported the war, but I find it ridiculous that we can spend all that money in Iraq, and then be told that there isn't enough resources to expand our border patrol and start going after companies who hire illegals. If they can get the money for one, they sure as hell could do it for the other...
Malarky
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#4 Posted on 27.8.04 0910.13
Reposted on: 27.8.11 0913.38
This is the most near-sighted and selfish administration, fiscally speaking, that I've ever known. They're bankrupting the United States, and the next administration, and the one after that, and possibly the next one too will be left cleaning up the mess and putting the US's house back in order. That means tax rises. It means painful cuts, perhaps even to the -gasp!- military. Spending over $400 Billion a year to maintain the world's finest warfighting machine is all well and good, but when you have social security heading towards insolvency within a generation, when you're running a $450 Billion deficit, when you have 36 million Americans living in poverty and some 40 million without any type of health insurance then you've got an untenable situation. The status quo won't do.

Of course, these chickens won't come home to roost until long after W's second term -?- ends.

Politics at it's best.....buy the electorate, make someone else pay the bill.
Nuclear Winter
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#5 Posted on 27.8.04 1523.57
Reposted on: 27.8.11 1524.48
    Originally posted by Malarky
    They're bankrupting the United States


When exactly did we pay off the $2-3 trillion debt we had before Bush came into office?
Malarky
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#6 Posted on 28.8.04 2019.50
Reposted on: 28.8.11 2021.06
    Originally posted by Nuclear Winter
      Originally posted by Malarky
      They're bankrupting the United States


    When exactly did we pay off the $2-3 trillion debt we had before Bush came into office?


No one said they did. And running a deficit of around 4.5% of GDP for the best part of a decade isn't sound fiscal policy, whatever the circumstances. It's certainly not a very conservative policy.
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