Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Iraq Posting Massive Surplus Thanks To U.S. Taxpayers

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
 
babsbunny Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-13-10 07:37 PM
Original message
Iraq Posting Massive Surplus Thanks To U.S. Taxpayers
Iraq Posting Massive Surplus Thanks To U.S. Taxpayers

http://www.huffingtonpost.com/2010/09/13/us-tax-dollars-funding-ma_n_714893.html

Even as the United States has been borrowing trillions to pursue its wars in the Middle East, the government of Iraq has posted a tidy surplus, according to a new Government Accountability Office report.

The report makes a direct link between U.S. government spending -- including $642 billion on U.S. military operations there and $24 billion for training and equipping the Iraqi security forces -- and Iraq's cumulative surplus of $52.1 billion through the end of 2009.

For comparison purposes, Iraq's annual gross domestic product is $65.8 billion. Meanwhile, the U.S. national debt has soared from $6.4 trillion to $13.4 trillion since former president George W. Bush invaded Iraq and decided to borrow the money for wars and slash taxes.
Printer Friendly | Permalink |  | Top
USArmyParatrooper Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-13-10 07:44 PM
Response to Original message
1. Much, if not all of that will go away when US forces are totally gone.
DoD and the State Department don't only hire contractors from western countries, they also Iraqi contractors as well as Iraqi employees on their FOBs. Iraqis also have various retail shops on our bases.
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Fri Apr 19th 2024, 04:07 PM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC