Other things you could have blown $6 trillion on

Tim Swanson, May 27, 2008

Scifi author Charlie Stross recently discussed other alternatives for the monies that funded the Iraq war. He noted that using current technology the bounty could have created and staffed a colony of 500 astronauts on Mars or enabled the construction of tens of gigawatts in nuclear energy throughout the US. Or even helped build cities for 600,000,000 people in China to live in.

Arguably the fairest solution would be to have simply returned the money to the original taxpayers thereby removing the incentive for the Fed to expand the credit supply to fund the current war.

However, regarding a hypothetical mission to Mars, at the very least none of the astro guys would be kinetically detonating onto population centers.

An entire region of the globe comprising a billion people wouldn’t be annoyed with the West for lofting 500 rocket scientists onto a barren rock. The same can’t be said for 500 pound bombs.

See also: The Broken Window Fallacy and Can the Future Do Without Economic Logic?