Of course, during this time the nation has directly spend over $7 trillion on entitlement spending with no effect on poverty rates among children or working age adults. Why aren't the Democrats harking about that amount? Using their "math" - remember, this is the same math - remember, this is the same math which states that 50% of taxpayers paying 3% of federal income taxes is unfairly high - entitlement spending over the same period of time costs that family $146,300. Of course, this $7 trillion for entitlement is actually spending and not some trumped up number which assumes it is accountable for 100% of the budget deficit or other mysterious hidden costs that apparently you need to be a Liberal Elite to see.
I'm not going to even mention that they're now apparently considering that the war in Afghanistan is not worth funding.
Dems: U.S. wars cost family of 4 $20,900
Detroit NewsWASHINGTON - The economic costs of the wars in Iraq and Afghanistan are estimated to total $1.6 trillion - roughly double the amount the White House has requested thus far, according to a new report by Democrats on Congress' Joint Economic Committee.
The report, released Tuesday, attempted to put a price tag on the two conflicts, including hidden costs such as interest payments on money borrowed to pay for the wars, lost investment, the expense of long-term health care required for injured veterans and the cost of oil market disruptions.
The $1.6 trillion figure, for the period from 2002 to 2008, translates into a cost of $20,900 for a family of four, the report said. The Bush administration has requested $804 billion for the Iraq and Afghanistan wars combined, the report stated.
For the Iraq war only, total economic costs were estimated at $1.3 trillion for the period from 2002 to 2008. That would costs a family of four $16,500, the report said.
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