Wednesday, November 29, 2006

# Posted 12:07 AM by Ariel David Adesnik  

WHAT WILL IT COST FOR THE US MILITARY TO RECOVER FROM IRAQ? Larry Wilkerson, the Colin Powell aide best known for his vociferous criticism of the administration, says $50 billion to $100 billion. "The next president will face a staggering bill," Wilkerson says.

Hmmm. I'd be glad if the cost of recovery were only $50 billion to $100 billion. Compared to either the cost of the war or the size of the federal budget, that is very much a cost we can bear. So if Wilkerson is right about the numbers, he's wrong about their significance.
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The next president will face a staggering bill

Bush has two budget cycles left, right? I think we'd have a run-rate by now, so would it be responsible (or just political) to wait?

The question might be how will McCain and the GOP field go on record for how to pay for the war 'recovery', if at all?
How will the cost be borne? Print more money?

Taxes will probably have to be raised to pay for Bush's folly.
Powell has just stated that Iraq is in a civil war. Mind you, he was talking at a business forum in the United Arab Emirates.
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