The War in Ukraine

[We Never Know]

How much can the US afford to give Ukraine?

I believe we are in for around $3-4 billion now with at least a total of over $13 billion in the plans.

I hate this pointless war but how can we constantly afford to fund a war when we are already over $30 trillion in debt.

After the war we will more than likely give billions more to help build them back better while our own things are falling apart.

 

[Vee]

What's a few more trillion in the Fed's balance sheet???

 

[Lyndon]

yes we should roll over and let Russia invade, we can start by slashing the defense budget

 

[Twilight Hue]

How much can the US afford to give Ukraine?

I believe we are in for around $3-4 billion now with at least a total of over $13 billion in the plans.

I hate this pointless war but how can we constantly afford to fund a war when we are already over $30 trillion in debt.

After the war we will more than likely give billions more to help build them back better while our own things are falling apart.

The joys of a fiat economy where the solution is to print more rivers of endless money.

Politicians love that stuff.

 

[Stevicus]

How much can the US afford to give Ukraine?

I believe we are in for around $3-4 billion now with at least a total of over $13 billion in the plans.

I hate this pointless war but how can we constantly afford to fund a war when we are already over $30 trillion in debt.

After the war we will more than likely give billions more to help build them back better while our own things are falling apart.

Well, if Russia pays reparations when this is all over, Ukraine might be able to pay us back.

 

[sun rise]

How much can the US afford to give Ukraine?

I believe we are in for around $3-4 billion now with at least a total of over $13 billion in the plans.

I hate this pointless war but how can we constantly afford to fund a war when we are already over $30 trillion in debt.

After the war we will more than likely give billions more to help build them back better while our own things are falling apart.

We need to tax those with money rather than giving them corporate welfare and individual tax goodies so they pay a lot less than we do or nothing at all.

 

[Subduction Zone]

It is far far cheaper to give them aid than to roll over. How many of Russia's old possessions have to be ceded before you say "Stop!"? The good news is that we are not fighting there and it is unlikely that we will fight there.

 

[exchemist]

How much can the US afford to give Ukraine?

I believe we are in for around $3-4 billion now with at least a total of over $13 billion in the plans.

I hate this pointless war but how can we constantly afford to fund a war when we are already over $30 trillion in debt.

After the war we will more than likely give billions more to help build them back better while our own things are falling apart.

The realist rationale for financial assistance in such cases is that it generally saves greater expenditure later, from failed states and further consequential mayhem. If Putin wins, he will go for other countries next and eventually NATO will be at war with him. That would be not just expensive, but potentially existential.

 

[TransmutingSoul]

How much can the US afford to give Ukraine?

I believe we are in for around $3-4 billion now with at least a total of over $13 billion in the plans.

I hate this pointless war but how can we constantly afford to fund a war when we are already over $30 trillion in debt.

After the war we will more than likely give billions more to help build them back better while our own things are falling apart.

Everyone needs to keep giving for peace.

I support the giving of all assistance to Ukraine, even if it means poverty for our own selves.

Regards Tony

 

[Augustus]

I believe we are in for around $3-4 billion now with at least a total of over $13 billion in the plans.

I hate this pointless war but how can we constantly afford to fund a war when we are already over $30 trillion in debt.

That's like 0.0004% of the debt, and probably about 10 days worth of interest on the debt.

Not exactly a game changer.

 

[Brickjectivity]

How much can the US afford to give Ukraine?

I believe we are in for around $3-4 billion now with at least a total of over $13 billion in the plans.

I hate this pointless war but how can we constantly afford to fund a war when we are already over $30 trillion in debt.

After the war we will more than likely give billions more to help build them back better while our own things are falling apart.

Currently we are seeing high inflation. That is part of the cost of printing money. We are looking at (I heard somewhere) 8% inflation per year, and that can balloon quickly.

As for whether we *can* do it, we can.

USA has the only reliable global currency in the world. That is disappointing, considering the inflation rate; but its actually better than any other global currency.

 

[We Never Know]

That's like 0.0004% of the debt, and probably about 10 days worth of interest on the debt.

Not exactly a game changer.

Still a bunch that our own hungry and homeless could use.

 

[We Never Know]

It is far far cheaper to give them aid than to roll over. How many of Russia's old possessions have to be ceded before you say "Stop!"? The good news is that we are not fighting there and it is unlikely that we will fight there.

Who said roll over. Other countries can give more too. The US should'nt be the main financier

 

[We Never Know]

yes we should roll over and let Russia invade, we can start by slashing the defense budget

See post #13

 

[Subduction Zone]

Who said roll over. Other countries can give more too. The US should'nt be the main financier

Perhaps. I have no clue as to what other countries are donating. I agree that they should. But for the US supporting Ukraine does make good economic sense. We are doing this mostly out of self interest.

 

[Revoltingest]

There's no cheaper war than one where we supply
only materiel to the people doing all the fighting.

My friend who's over there fighting just posted
that Russia is now bombing homes in Mykolaiv.
He'd like to see someone take Putin out. (His
language was more colorful than mine.)

 

[Brickjectivity]

It is expensive to contain geniuses that think the world would be better off conquered.

I'm pretty sure that we can afford to help the homeless and also pay that other expense.

To get taxpayers to help the homeless you have to quiet their concerns about "Well what if everyone takes advantage of the system?" and "Well why are they homeless in the first place? Why don't they want to work?" and "We'll flood the system with players!"

One thing we could do is study the psychology of a homeless man, a homeless woman, etc. We could study the things they worry about and the reasons they give up working. Why do they often come across to taxpayers as players? Are they players? How can we tell the difference between a player and a person who has given up hope or simply cannot get help? Taxpayers would prefer there to be answers to these questions. They repeatedly complain that it bothers them that someone might be able to get something without needing it. Many would sooner fund a monorail.

 

[Twilight Hue]

That's like 0.0004% of the debt, and probably about 10 days worth of interest on the debt.

Not exactly a game changer.

Uh.... I don't think that is something to brag about all the same.

 

[Revoltingest]

Looks like Putin is trying to finish Hitler's work...
91-year-old Jewish survivor of Nazi occupation dies during siege...

 

[Estro Felino]

By the way...it is awkward that you can find news only in Italian about Putin's achievements.