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Thread: Yay Debt!
The newest numbers are out, and boy are they stunning. $23 trillion of debt racked up in the course of five years. Amazing, just amazing. George W. Bush -- we will be forever in his debt.
I want everyone who voted for this debt monkey to line up for a hearty slapping. You know you deserve it, so stop grumbling.
P.S.: You would think we would have had more fun wasting $23 trillion dollars. I mean, there should have been some good parties or something.
I want everyone who voted for this debt monkey to line up for a hearty slapping. You know you deserve it, so stop grumbling.
P.S.: You would think we would have had more fun wasting $23 trillion dollars. I mean, there should have been some good parties or something.
You weren’t invited to the parties?
{Lemur considers the sort of party you could get for $23 trillion. Lemur salivates.}
Originally Posted by yesdachi:
You weren’t invited to the parties?
You weren’t invited to the parties?
+1
Well, blame that on the Bush voters. How exactly did he manage that anyway? If I spent money for six years myself I don't think I'd manage to waste even a single trillion, let alone 23. By the way, is this several times more than the cost of the whole of WWII?
Originally Posted by Tiberius:
Well, blame that on the Bush voters. How exactly did he manage that anyway? If I spent money for six years myself I don't think I'd manage to waste even a single trillion, let alone 23. By the way, is this several times more than the cost of the whole of WWII?
Well, blame that on the Bush voters. How exactly did he manage that anyway? If I spent money for six years myself I don't think I'd manage to waste even a single trillion, let alone 23. By the way, is this several times more than the cost of the whole of WWII?
Originally Posted by :
U.S. spent the most money on the war, an estimated $341 billion, including $50 billion for lend-lease supplies, of which $31 billion went to Britain, $11 billion to the Soviet Union, $5 billion to China, and $3 billion to 35 other countries. Germany was next, with $272 billion; followed by the Soviet Union, $192 billion; and then Britain, $120 billion; Italy, $94 billion; and Japan, $56 billion. Except for the U.S., however, and some of the less militarily active Allies, the money spent does not come close to being the war's true cost. The Soviet government has calculated that the USSR lost 30 percent of its national wealth, while Nazi exactions and looting were of incalculable amounts in the occupied countries. The full cost to Japan has been estimated at $562 billion. In Germany, bombing and shelling had produced 4 billion cu m (5 billion cu yd) of rubble.
http://www.emayzine.com/lectures/WWII.htmlU.S. spent the most money on the war, an estimated $341 billion, including $50 billion for lend-lease supplies, of which $31 billion went to Britain, $11 billion to the Soviet Union, $5 billion to China, and $3 billion to 35 other countries. Germany was next, with $272 billion; followed by the Soviet Union, $192 billion; and then Britain, $120 billion; Italy, $94 billion; and Japan, $56 billion. Except for the U.S., however, and some of the less militarily active Allies, the money spent does not come close to being the war's true cost. The Soviet government has calculated that the USSR lost 30 percent of its national wealth, while Nazi exactions and looting were of incalculable amounts in the occupied countries. The full cost to Japan has been estimated at $562 billion. In Germany, bombing and shelling had produced 4 billion cu m (5 billion cu yd) of rubble.
The value of currency has changed, though, so I really don't know what that is equivalent of this is today.
Originally Posted by Ice:
http://www.emayzine.com/lectures/WWII.html
The value of currency has changed, though, so I really don't know what that is equivalent of this is today.
Not 23 trillion...http://www.emayzine.com/lectures/WWII.html
The value of currency has changed, though, so I really don't know what that is equivalent of this is today.
Yeah, whoever voted for Bush. I hope you're happy.
BUT, even though I'm a liberal I'll say this:
Democrats who voted to go to war instead of staying out are to blame too. Idiots.
Your question intrigues me, so I'll take a stab. From what I'm reading, the total cost of WWII is estimated to be $1 trillion in 1944 dollars. Using the first inflation calculator I could find, that translates into $93.6 trillion. So George "debt monkey" W. Bush has successfully spent about 1/3rd of the total global cost of WWII in adjusted dollars.
Problems with this exercise -- the $1 trillion figure is hard to substantiate. It's a global figure, rather than the U.S.'s cost. I have no way of confirming if the inflation calculator that I used was any good. Still and all, a fun little game with numbers.
[edit]
Just saw the $341 billion figure for U.S. expenditures up above. Using that number, we can peg the cost of WWII in 2005 dollars at $31.9 trillion. So the Republican debt machine has racked up 72.1% of the cost of WWII in five years. It's impressive no matter how you look at it.
Problems with this exercise -- the $1 trillion figure is hard to substantiate. It's a global figure, rather than the U.S.'s cost. I have no way of confirming if the inflation calculator that I used was any good. Still and all, a fun little game with numbers.
[edit]
Just saw the $341 billion figure for U.S. expenditures up above. Using that number, we can peg the cost of WWII in 2005 dollars at $31.9 trillion. So the Republican debt machine has racked up 72.1% of the cost of WWII in five years. It's impressive no matter how you look at it.
oops- n'mind. 
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