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Zorra Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-22-11 11:07 PM
Original message
Libya attacks spark fight over cost
Source: CNNMoney

To date, the United States has spent some $225 million firing Tomahawk missiles, according to CNN estimates based on U.S. Navy figures.

The cost could reach up to $800 million to fully establish the no-fly zone and another $100 million a week to maintain it going forward, said Zack Cooper, a senior analyst for the Center for Strategic and Budgetary Assessments.
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Defense spending, in inflation adjusted terms, is higher than at any time since the end of World War II, and the United States now spends six times as much as China, the country with the next biggest budget.
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The costs are mounting. The price tag to replace the fighter jet that went down Tuesday with a top model could run between $100 million and $150 million, Cooper said. And fuel prices for each jet runs $10,000 an hour.

Read more: http://money.cnn.com/2011/03/22/news/economy/libya_cost/



End all the wars tomorrow and put the money into something positive and constructive, like Social Security or Renewable Energy.

What a crazy idea.
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daleo Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-22-11 11:11 PM
Response to Original message
1. But what about all those claims of expired missiles not costing a penny?
CNN must not have gotten the memo.
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Tx4obama Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-22-11 11:14 PM
Response to Original message
2. If all wars ended tomorrow the money would not go to anything other than the defense dept.
And the missiles that are being used are from the 2006 stockpile.
They were made and paid for a long time ago.
Regarding the jet fuel - planes are flown all the time in practice exercises, etc.
The expenses of the military is not going to ever go down regardless if we are at war or not.
They will always find projects to spend money on.



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Zorra Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-22-11 11:22 PM
Response to Reply #2
3. I was suggesting that we do otherwise.
Edited on Tue Mar-22-11 11:22 PM by Zorra
"Of all the enemies to public liberty war is, perhaps, the most to be dreaded because it comprises and develops the germ of every other. War is the parent of armies; from these proceed debts and taxes … known instruments for bringing the many under the domination of the few.… No nation could preserve its freedom in the midst of continual warfare" James Madison
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99th_Monkey Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-23-11 12:45 AM
Response to Reply #2
7. Always is a long time, as in we've always been at war with Eastasia. ~nt
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Marblehead Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-22-11 11:44 PM
Response to Original message
4. nobody ask me if they
could use my tax $
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RandySF Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-22-11 11:48 PM
Response to Original message
5. How many Republicans questioned Dumbya
about the costs of two significant wars in iraq and Afghanistan? Seemed like the sky was the limit.
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bhikkhu Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-22-11 11:57 PM
Response to Original message
6. ...cheaper if we don't replace the missiles and fighter jet
It cost us that much to build them, but now that they're gone we don't have to replace them.
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Initech Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-23-11 12:58 AM
Response to Original message
8. Where were these people 8 fucking years ago?
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HEyHEY Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-23-11 01:14 AM
Response to Reply #8
9. Busy doing this....
Edited on Wed Mar-23-11 01:15 AM by HEyHEY
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