Saturday, March 1, 2008

McCain's Top Adviser Says Loss of Life and Financial Costs of Iraq War are "Right Magnitude"

Would John McCain's election result in perpetual war in Iraq and elsewhere? Well, just look at what John McCain's chief adviser has to say about that. John McCain's chief policy adviser is Douglas Holz-Eakin, former director of the Congressional Budget Office, heads the Greenberg Centre for Geoeconomic Studies at the Council on Foreign Relations, and here's what he says about the loss of Americans lives and the economic cost of the war:
[T] he current and future budget cost and loss of life and health probably give the right magnitude. If so, the annual war bill represents only about one cent of the $12,000bn of national income each year, and the total military cost at most, a nickel. And that is the right lesson: the foundation of US international influence is its large, powerful economy which can absorb the narrow, resource costs of war and free the US to pursue strategic [WAR, WAR, WAR] and security goals. FinacialTimes.Com (emphasis added)
Read the whole article. With McCain's chief adviser's reasoning, we can expect even more wars like the one in Iraq under a McCain Administration, since the Iraq War continues to be such a great bargain for America, both in terms of loss of life and expense to the US Treasury.

Meanwhile, Mr. Holz Eakin has also announced that John McCain will take a break from campaigning in March, while Holz-Eakin prepares McCain's presidential campaign platform.

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