no country has ever done as much for another country as the United States has done for Iraq. We have spent hundreds of billions rebuilding their infrastructure, providing police protection, building hospitals and clinics, schools, and water and power plants, giving free medical care, hiring hundreds of thousands of Iraqis and on and on. All of this in a country that had a total GDP of only $65 billion the year before the war was started. In spite of all this generosity, a huge majority of Iraqis, 78 to 80 percent by almost every poll, wants us to leave. They want our money, of course, but not our presence, except those who are working for us. But there needs to be some limit to our generosity. We need to start putting our own people first. If we do not, we are soon not going to be able to pay all the Social Security and military pensions, and all the other things we have promised our own people with money that will buy very much. Governments all over the world have gotten in this situation. They then start printing more money, and people do not realize what is going on. All they see is each year their pensions buy less than the year before. Today we have a national debt approaching $9 trillion. Even worse, according to the GAO, we have unfunded future pension liabilities of $50 trillion. We all love and respect our military, but there is waste in any gigantic bureaucracy, and there is huge waste even in the military.
Jeff Duncan: “no country has ever done as much for another country as the United States has done for Iraq. We have spent hundreds of…”
Editor's note · Context
Discussing U.S. financial support for Iraq and its implications for domestic spending and debt.
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