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Wednesday, October 25, 2006 7:42:53 PM
From a NY Times article:
Iraq and Your Wallet
For every additional second we stay in Iraq, we taxpayers will end up paying an additional $6,300.
Several careful studies have attempted to tote up various costs, and they suggest that the tab will be more than $1 trillion -- perhaps more than $2 trillion. The higher sum would amount to $6,600 per American man, woman and child.
There are other hidden costs not included in that per capita figure:
* $600,000 to $5 million over the lifetime of the 3,000 U.S. Iraq War veterans (so far) with severe head injuries
* Disability payments for the next 50 years for an unknown - but large - number of Iraq War veterans
* Re-enlistment bonuses, some as high as $150,000
* Replacing armor, aircraft, et cetera
* Interest costs of the war being paid for by borrowing from China, et al., estimated at $264 billion to $308 billion
* Higher oil costs, possibly a half-trillion-dollar drag on the economy
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