The US government's debt load topped the $15 trillion mark. Economists said this was a very unhealthy state of US finances. The debt, they said, is approximately equal to 99 per cent of the size of the country's economy. But then where the spending goes?
Recently, US finally had withdrawn from Iraq. At last a good decision was taken by US. But Iraq’s cost had burdened US. The US has lost 4,484 military personnel since 2003 in Iraq. This year has seen casualties too - 54 people have been killed, although that is much lower than the 2007 peak of 904.
On lives of American military personnel, US tried to prove its superiority. What will their families do? How they will do their living? How US will reach to their help? Was there any need of losing lives in Iraq?
Secondly, the war in Iraq has cost the US $823.2bn since 2003 and in 2011 cost $49.3bn. Other than that superpower extended help in Iraq. Current USAID is worth $ 1.7 bn. The US has pumped billions of aid into Iraq. For reconstructing Iraq, US allocated $300bn as per the team’s report from 2003 to 2007.
Why US did all this? If country is facing debt crisis and topping as debtor than was there any need of kicking on tummies of US people.
One should look at one own-self first. If people are happy and prospering than one should go to extend helping hand to others. Nobody said to reach in each country and everywhere by making own people stand on risk.
US should think that on whose cost they tried to prove their superiority in Iraq.