Monday, November 12, 2007

putting into perspective

What the Iraq war could have bought us

From the Boston Globe via E&P:

"If the Bush administration succeeds in its latest request for funding for the war in Iraq, the total cost would rise to $611.5 billion, according to the National Priorities Project, a nonprofit research group," the staff stated in an online introduction. "The amount got us wondering: What would $611 billion buy?"

Among the findings, from college tuition to free gasoline -- each posted with an accompanying photo -- staffers revealed the following:

• "U.S. drivers consume approximately 384.7 million gallons of gasoline a day. Retail prices averaged $3.00 a gallon in early November. Breaking it down, $611 billion could buy gasoline for everybody in the United States, for about 530 days."

• "In fiscal 2008, Medicare benefits will total $454 billion, according to a Heritage Foundation summary. The $611 billion in war costs is 17 times the amount vetoed by the president for a $35 billion health."

• "According to World Bank estimates, $54 billion a year would eliminate starvation and malnutrition globally by 2015, while $30 billion would provide a year of primary education for every child on earth. At the upper range of those estimates, the $611 billion cost of the war could have fed and educated the world's poor for seven years."


(Americablog)