The Economic Surprise Of The United States ' Invasion Of Iraq

1683 Words Oct 18th, 2016 7 Pages
The Economic Surprise
On March 20, 2003 the United States entered into a conflict on two fronts. While the United States military was moving into Iraq, the American economy was taking the first assault of a long and expensive fight. Victory was declared several years ago, and many are content to leave the story at that point. Advocates of the war have hailed its expediency and relatively minimal cost to the United States and its allies. The facts support a different conclusion. The truth lies in the economical devastation that the war in Iraq has left in its wake. The only accurate summation of the war is to say that the United States’ invasion of Iraq was not economically responsible.
One reason the decision to invade Iraq was not economically responsible is that the invasion of Iraq caused the United States’ economy to fall apart faster. According to Diane Mermigas in her 2003 article in Television Week, “Recent weeks have seen significant declines in such critical economic indicators as consumer confidence, consumer spending, new home sales and capital spending” ([1]). This economic downturn can be linked to the war in Iraq in two ways. First, the war in Iraq has cost the United States’ economy trillions of dollars. New York Times columnist Bob Herbert says that “the war in Iraq will ultimately cost U.S. taxpayers not hundreds of billions of dollars, but an astonishing $2 trillion, and perhaps more” ([1]). A fact of life that will never change is that wars cost money,…

Related Documents