This video is called US families pay the price of the Iraq war – 10 Sept 07.
From The Swamp in the USA:
Obama links cost of war to economic hardships
by Mike Dorning
CHARLESTON, W.V.—Barack Obama came to economically struggling West Virginia today to highlight the financial burden that the five-year-long Iraq War presents for the government and broader economy and link the war’s costs to the economic hardships of everyday Americans.
Obama often touches on the theme in campaign appearances. But his speech at the University of Charleston marks an attempt to generate greater attention for an economics-based argument against the war at a time when the nation appears to be falling into a recession and voters are putting a higher priority on economic issues.
The speech was his first appearance as a presidential candidate in West Virginia, which holds its presidential primary May 13.
The Illinois senator, an early opponent of the war, argued that the Iraq War has contributed to rising gasoline prices as well as a swelling national debt that has weakened the economy. At the same, he argued, the war is draining resources that could be used to expand access to health care, improve public education and rebuild roads and bridges.
“Ordinary Americans are paying a price for this war,” Obama said. “It’s not the same price, obviously, as the price of oil is four times what it was before Iraq, you’re paying a price for this war,” Obama added.
Oil industry analysts generally have attributed the surge in oil prices in part to instability in Iraq and uncertainty in the Middle East caused by threats of a conflict between the United States and Iran. …
Obama cited estimates that the war and Iraqi reconstruction already have directly cost U.S. taxpayers a half trillion dollars and cited an estimate that the true cost of the war to the economy will reach $3 trillion by the war’s conclusion.
The larger estimate, which a campaign spokesman said came from a calculation by economist Joseph Stiglitz, includes the lifetime cost of caring for wounded veterans, the cost of replacing spent and damaged military equipment and the lost economic productivity of soldiers and civilian contractors killed or wounded.
Obama noted that government spending on the war and the Bush Administration’s tax cuts, which Obama would repeal for families earning more than $250,000 per year, together have added trillions of dollars to the national debts. The rapidly expanding debt, he said, “is creating problems in our fragile economy.”
“No matter what the costs, no matter what the consequences, John McCain seems determined to carry out a third Bush-term,” Obama said. “That is an outcome America can’t afford.”
Now you’re talking, Senator Obama. This sounds better than generalities about “change” (which made some skeptics say that if Obama wins the election, then the system may change him, instead of Obama changing the system).
If Obama continues this way, then he must prepare for lots of hysterical attacks by professional warmongers, not just open McCain supporters, but also so-called “liberal hawks”. The old rubbish about Obama being supposedly a Muslim, and Muslims supposedly all being terrorists, and blah blah blah blah, and more blah blah blah blah, will be recycled as reactions to this modest statement of home truths.
Naomi Klein on US primaries and Iraq: here.
Alice Walker on Obama: here.
Bush administration illegally examined Obama passport file: here.
Obama on class: here.
US politics, pipelines, and Central Asian gas: here.
The Bank of England yesterday mortgaged £11 billion more of taxpayers’ money to shore up the big UK banks, as bank bosses held talks with central bank Governor Mervyn King: here.
Pseudo-reconstruction in Iraq: here.
Stiglitz on Iraq war and the economy: here.
Obama vs. the US religious right: here.