The Cost of War in Context, Part III




The Bush administration is seeking $108 billion in funding for the War in Iraq in 2008. While this is a sizable sum by any measure, how large is it in the context of the $14 trillion US economy? An interesting data point for comparison was given today by the American Automobile Association and Cambridge Systematics. According to research performed by Cambridge Systematics for the automobile association, auto accidents in the United States cost consumers $164 billion annually.  In comparison to the often decried cost of war in Iraq, the even greater cost of auto accidents is incurred almost without notice.

0 comments: