Addons - Our troop deployments in Afghanistan will cost...

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DOLLAR DECLINE Our troop deployments in Afghanistan will cost between 3 and 6 trillion – it will eliminate the dollar as a  reserve currency Polk, 9  - member of the U.S. Policy Planning Council responsible for the Middle East from 1961 to 1965.  Subsequently, he was professor of history and director of the Center for Middle Eastern Studies at the University  of Chicago and later president of the Adlai Stevenson Institute of International Affairs (William, “How to Get  Out of Afghanistan”, 11/23, At our current level of activity – before the introduction of more troops – we are “burning”  as venture capitalists  say, about $60 billion a year.  Next year, our direct costs will probably rise to at least $100 billion .  And even  that figure will surely rise in the years to come.  So the Congressionally allocated funds in the coming few years   under even the most modest form of “     staying the course” would amount to      a minimum of      $600 billion      and       more likely to much more .   On top of that, we are otherwise harming our economy so that over a 5 to 10 year  period of our current policy the      real costs we would incur would probably amount to      between $3 to      $6 trillion     This is money we don’t have37 and will have to borrow from overseas.  Those who have opposed expanding  health care because of the costs should note that the venture in Afghanistan will be more expensive with no  compensating benefit. The degradation of our currency is one effect of such an outlay:  
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This note was uploaded on 02/23/2012 for the course DEBATE 101 taught by Professor None during the Spring '12 term at University of California, Berkeley.

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Addons - Our troop deployments in Afghanistan will cost...

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