Wednesday, August 11, 2010

Self-Awareness WatchTM.


I think some people in Washington — and elsewhere — have been letting the Israelis twist in the wind in the hopes that Israel will solve our Iran problems for us, and take the blame. I don’t think these “leaders” will like the outcome, and if I were the Israelis I wouldn’t be trying too hard to make it pleasant. Irresponsibility can be expensive.

If you read that last sentence and began to choke, you are not alone. Putz in 2004:

A HEARTENING SIGN FOR HAWKS The administration is apparently planning to ask for $70 billion more for the war in Iraq, which will bring the total price tag to about $225 billion. Yes, that’s a lot of money, but on the other hand, remember when folks like Eric Alterman were telling us it was going to cost trillions?

That Alterman, what a tard! Incidentially, that last link is vintage McArdle:

The war will certainly cost more than the $60b and change that the President is asking for. But it is not going to run us several trillion dollars (though even if it did, that would work out to less than 0.1% of GDP over the next 20 years.) I don't know how much more, and neither does anyone else, although I'm sure the military has better guesses than I could make. It's important to think about the economic cost of the war -- the pro-war side has mostly dropped the ball on this, and it's an important calculation when we consider whether or not to go. But making up ridiculous numbers in order to support your predisposition isn't helpful -- and when the war doesn't cost us $2t, people are going to remember that the next time you talk about the costs of a program you don't like.

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