Friday, July 6, 2007

What would you spend 1.4 trillion on?

Noah Shachtman:

Additional war costs for the next 10 years could total about $472 billion if troop levels fall to 30,000 by 2010, or $919 billion if troop levels fall to 70,000 by about 2013. If these estimates are added to already appropriated amounts, total funding about $980 billion to $1.4 trillion by 2017.

Ummmmm, maybe some Universal Health Care of some kind or another?

NHS services are largely "free at the point of delivery", paid for by taxes; the NHS's budget for 2007-08 is £104($208) billion.

Or maybe rebuilding New Orleans...ten times over?

Hugh Kaufman, senior policy analyst for emergency response at the Environmental Protection Agency, said New Orleans may need one of the largest public building programmes ever seen in the US at a cost of $80-100bn - approximately the same as the yearly cost of the war in Iraq.(yearly cost of the war before the infamous surge...)

How about revamping the education system in this country?

The vast majority of students (up to 70 percent) lack the financial resources to pay tuition up front and must rely on student loans and scholarships from their university, the federal government, or a private lender.

Or research into altenative energy?

Consider the U.S. is spending $67 billion annually on the war on terror vs. $3.4 billion on energy research, according to the National Science Foundation.

What would you spend it on?

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