The direct cost to the US government of the war and occupation of Iraq — counting only funds appropriated by Congress — so far runs to roughly $523Bn.
However, that's the direct cost — money directly spent on the project. There are indirect costs, too: Joseph Stiglitz estimates the true cost of the war to be $3Tn to the United States, and $3Tn to the rest of the global economy. These are indirect costs, and factor in the long-term additional expenses that the war has accrued — everything from caring for brain-damaged soldiers for the next 50 years through to loss of economic productivity attributable to instabilities in the supply of oil from Iraq.
We can tap-dance around the indirect costs, but the direct costs (that headline figure of $523Bn) are inarguable.
So. What fun boondoggles could we have bought with either $523Bn (at the low end) or $6Tn (at the high end)?
NASA have plans for a manned Mars expedition based on the Ares spacecraft they're developing as a replacement for the Space Shuttle. Price estimates vary from $20Bn (presumably for a single round-trip) to $450Bn (presumably for a single round trip plus all the externalities, like developing the spacecraft and equipment and conducting a thorough prior reconnaissance using unmanned landers).
Either way, the direct costs of the Iraq war exceed the maximum cost estimate for a manned Mars expedition, infrastructure and all, by 20%. If we take $20Bn as the cost per mission and $450Bn as the cost to develop the technology to go there, the direct cost of the Iraq war would be sufficient to develop a gold-plated Mars expeditionary capability and send six crews of astronauts to Mars (and bring them back afterwards).
Going by Stiglitz's indirect estimates, the picture is even more ludicrous; for $3Tn, assuming a crew of four per expedition, $20Bn per flight, and a basic $450 start-up price, you could send 510 astronauts to Mars. That's not a Mars exploration program, that's a battalion! It's a small colony! Regular readers will be familiar with my opinion of plans to colonize Mars ... but if you throw enough money at a scheme you can probably get something out of it, even if it's only another Darien Scheme.
Or perhaps we could tackle global warming by building nuclear reactors. Westinghouse AP1000 PWRs cost roughly $2Bn a pop and have a net output of 1117Mw (1.12Gw). For $513Bn we could probably negotiate a bulk discount of, say, 20%, in which case we're good for 320 reactors, or about 375Gw of output. Our entire planetary civilization consumes about 16Tw, but the USA accounts for about 40% of that, so we could buy, outright, the equivalent of 6% of the US's energy budget. But this stuff pays for itself (it's producing electricity, a fungible commodity) and in actual fact, 50% of the USA's energy budget is coal, burned for juice. So we could cut 12% of the USA's coal-sourced carbon emissions, enabling the USA to not only meet but exceed the Kyoto protocol requirements using a single, fiendishly expensive gambit (and treating it not as capital investment but as expenditure).
For $6Tn we could buy a lot of juice — a quarter of our global civilization's energy budget would go carbon-neutral at a stroke. (Yes, we just solved our carbon dioxide emissions problem by switching to a nuclear economy.) This probably isn't the ideal way of dealing with our environmental problems, and it's a naive treatment of the costs (has anyone done a proper treatment of the economic implications of shifting the planet over to a nuclear economy, say to the same extent as France?) but it's thought-provoking.
Finally, there's all the other little stuff we could solve by pointing $513Bn at it, never mind $6000Bn. Eliminating childhood diseases in South-East Asia? Piffle — Bill and Melinda Gates are trying to do that out of their pocket lint. Build first-world grade housing in shiny new cities for 600 million Chinese peasants, nearly a tenth of the planetary population? Yes, this budget will cover that. What else?
Yes, I'm asking you: what would you do with the cost of the Iraq war (take your pick: $513Bn or $6000Bn) in your budget? Colonise Mars? Solve our carbon emission problem and fix global warming? House half a billion people? Or something else ...?
(And what isn't going to happen now, because we pissed it all away on the desert sands?)
Source: http://www.antipope.org/charlie/blog-static/2008/05/alternative_boondoggles.html
