War Pair
what is the cost of a pair of warships purchased by malaysia?
furthermore, for the price of the warships, the country could have provided safe drinking water for 5 million citizens who lacked it. in other words, the opportunity cost of the warships was safe drinking water for 5 million citizens. in the u.s. economists have estimated that the cost of the iraq war will be at least $540 billion. but each $100 billion spent on the war could have instead support government programs for children, to enroll more children in preschool, to hire more math and science teachers, etc.
Are you ranting or asking a question?
If you know how much they cost Malaysia, what are you asking?
And where did you get your data on safe drinking water? It is almost certainly wrong. One of the high priorities of the early Peace Corps was to build village-level water facilities. The building itself was generally successful, but within a few years of the Peace Corps volunteers leaving, the water system became unusable. To what would you attribute that? And if your initial expenditure of the price of the warships had succeeded in building the initial water systems, how would you prevent the same thing from happening again.
As for your $540 billion estimate of the iraq war, it is a gross underestimate. Depending on which factors you take into account as part of the cost, Joseph Stiglitz (Nobel Prize winning economist) estimates from $1 trillion to $3 trillion:
http://www.guardian.co.uk/world/2006/jan/07/usa.iraq
http://www.washingtonpost.com/wp-dyn/content/article/2008/03/07/AR2008030702846.html
http://www.npr.org/templates/story/story.php?storyId=87801279
(His latest book is titled, "The Three Trillion Dollar War: The True Cost of the Iraq Conflict.")
But why do you think that spending that money on other things would be a good idea? After all, the U.S. government deficit is over $10 trillion dollars (not counting the tab for the financial bailout). That is more than $30,000 for each man, woman, and child. Do we really want to go further into debt?
http://www.brillig.com/debt_clock/
High minded passion is all well and good. But let's temper it with a dose of reality.
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