Tuesday, February 08, 2005

Priorities Part One...

HUMAN COSTS

U.S. MILITARY DEATHS: Between the start of war on March 19, 2003 and June 16, 2004, 952 coalition forces were killed, including 836 U.S. military. Of the total, 693 were killed after President Bush declared the end of combat operations on May 1, 2003
. Over 5,134 U.S. troops have been wounded since the war began, including 4,593 since May 1, 2003.

CONTRACTOR DEATHS: Estimates range from 50 to 90 civilian contractors, missionaries, and civilian worker deaths. Of these, 36 were identified as Americans.

JOURNALIST DEATHS: Thirty international media workers have been killed in Iraq, including 21 since President Bush declared the end of combat operations. Eight of the dead worked for U.S. companies.

ECONOMIC COSTS

THE BILL SO FAR: Congress has already approved of $126.1 billion for Iraq and an additional $25 billion is heading towards Congressional approval, for a total of $151.1 billion through this year. Congressional leaders have promised an additional supplemental appropriation after the election.

LONG-TERM IMPACT ON
U.S. ECONOMY: Economist Doug Henwood has estimated that
the war bill will add up to an average of at least $3,415 for every
U.S. household. Another economist, James Galbraith of the University of Texas, predicts that while war spending may boost the economy initially, over the long term it is likely to bring a decade of economic troubles, including an expanded trade deficit and high inflation.

OIL PRICES: Gas prices topped $2 a gallon in May 2004, a development that most analysts attribute at least in part to the deteriorating situation in Iraq. According to a mid-May CBS survey, 85 percent of Americans said they had been affected measurably by higher gas prices. According to one estimate, if crude oil prices stay around $40 a barrel for a year, U.S. gross domestic product will decline by more than $50 billion.

ECONOMIC IMPACT ON MILITARY FAMILIES:
Since the beginning of the wars in Iraq and Afghanistan, 364,000 reserve troops and National Guard soldiers have been called for military service, serving tours of duty that often last 20 months. Studies show that between 30 and 40 percent of reservists and National Guard members earn a lower salary when they leave civilian employment for military deployment. Army Emergency Relief has reported that requests from military families for food stamps and subsidized meals
increased "several hundred percent" between 2002 and 2003.
http://www.ips-dc.org/iraq/costsofwar/


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