March 25th, 2003, 4:24 pm
Interestingly, the US is fighting this war according to policies that Israel has been following for a long time, in particular pre-emption and taking control of potential adversaries' territory. What we seem to have missed, however, in how Israel keeps it going, is finding a benevolent outside nation to supplement our GDP by 5% with its aid. At an $11 trillion GDP, that's about $550 billion a year we'd need to be subsidized as much as we subsidize Israel, relative to GDP. That would cover our entire defense budget, and leave in addition nearly $200 billion for other things -- maybe we could have health care provided by the government, as Israel does. Naturally, if we follow Israel's example, our defense spending will have to rise a whole lot, so we shouldn't count on being able to spend all of that extra $200 billion on non-defense items.Well, I'm getting ahead of myself. Obviously, we need to find someone to give us the $550 billion a year to begin with. If we take all of Iraq's GDP as tribute, that will cover maybe 15% of that, once the effect of ending the sanctions is considered. Of course, that won't leave the Iraqis much for food and clothing or things like that, but maybe we can get the EU to provide them with humanitarian aid -- how are our relations with the EU these days, anyway?