Senin, 19 Desember 2011

Iraq War Ends With A $4 Trillion IOU



WASHINGTON (MarketWatch) — The nine-year-old Iraq war came to an official end on Thursday, but paying for it will continue for decades until U.S. taxpayers have shelled out an estimated $4 trillion.

Over a 50-year period, that comes to $80 billion annually.

Although that only represents about 1% of nation’s gross domestic product, it’s more than half of the national budget deficit. It’s also
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