"Think of the hundreds of billions of dollars that are being spent in Iraq which we need right here at home right now to preserve American jobs."
-- Howard Dean, DNC Chairman, in Jerome L. Sherman's article on America's current apathy toward the war, in the Pittsburgh Post-Gazette
1. MYTH: The American people are footing the bill for Iraq’s security and reconstruction while Iraqis sit on large windfall oil profits.
FACT: The Iraqi government is taking over the funding of reconstruction. In 2008, Iraq’s budget for large-scale reconstruction projects exceeds that proposed by the U.S. by more than 10 to 1, and the U.S. military expects that Iraq will soon cover 100 percent of such expenses.
FACT: Iraq's security ministries are now spending more on their security forces than the U.S., and Iraq’s 2008 budget provides for more than 75% of the total annual cost for Iraq’s military and police.
FACT: The government of Iraq has committed to footing approximately half the bill for the “Sons of Iraq” community watch program—which was originally 100% U.S.-funded.
FACT: Iraq’s Ambassador to the U.S., Samir Sumaida'ie, says that Iraq still has to import gasoline, and argues that “some people are going a little bit too far looking at the Iraqi surplus and the gigantic American deficit and putting two and two together … The windfall from the oil will not cover a fraction of what we need to provide clean water, electricity and the most rudimentary services for our people.”
6. MYTH: Current spending on the war is historically unprecedented.
FACT: Today’s U.S. defense budget accounts for just over four percent of the economy, less than the U.S. commitment at any point during the four decades of the Cold War.
FACT: During the Truman and Eisenhower Administrations, the U.S. defense budget rose as high as 13 percent of the total economy.
FACT: Even during the Reagan Administration, when the economy expanded significantly, the defense budget accounted for approximately six percent of GDP.
-- From a recently released list of 6 key myths from the White House Office of Public Liaison-Military Affairs.
Very worthwhile data, lots of thanks for this post.
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