A brilliant "what if" from Juan Cole

Imagine if Bush was blessed with a modicum of foresight, and had told the truth about a war against Iraq back in 2002. In The Speech Bush Should have Given, Juan Cole describes what such a speech might have said – about the costs in dollars and lives, about the geopolitical issues, about the reasons. Money (ouch!) quote: “A war against Iraq will be expensive. It will cost you, the taxpayer, about $300 billion over five years. I know Wolfowitz is telling you Iraq’s oil revenues will pay for it all, but that’s ridiculous. Iraq only pumps about $10 billion a year worth of oil, and it’s going to need that just to run the new government we’re putting in. No, we’re going to have to pay for it, ourselves. I’m going to ask you for $25 billion, then $80 billion, then another $80 billion. And so on. I’m going to be back to you for money more often than that unemployed relative that you don’t like. The cost of the war is going to drive up my already massive budget deficits from about $370 billion to more like $450 billion a year. Just so you understand, I’m going to cut taxes on rich people at the same time that I fight this war. Then I’m going to borrow the money to fight it, and to pay for much of what the government does. And you and your children will be paying off that debt for decades.”