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[PEN-L:36182] an example of opportunity cost



Title: an example of opportunity cost

The Bush administration has requested $75billion to pay for the war it has already started.
Here are some other things $75billion could buy in 2003 dollars:

One year of health care for 50million people in developed nations (based on current per-capita expenditures in Canada)
One year of basic health care for 5,122,950,820 (5.2billion+) people in developing nations. (based on estimates by Dr Lieve Fransen in 1997 with 2% inflation incorporated)

All undergraduate expenses (tuition and living) in America for:
- 2.7million private university students (4.1million tuition only)
- 5.8million 4-year public university students (18.4million tuition only)
- 7.2million community college students (43.2million tuition only)

(6) Habitat for Humanity homes for:
1.8million families in America
2.9million families in Hungary
3million families in Romania
29.5million families in the Democratic Republic of Congo
308million families in Sri Lanka
32.6million families in Papua New Guinea
35.7million families in Guatamala
41.8million families in India

Hire 688,206 top-notch U.N. weapons inspectors for one year.
-- What a War Can Buy <http://www.un.org/aboutun/charter/chapter1.htm>, compiled by Jeremy Ross for Clamor Magazine


Jim Devine jdevine@xxxxxxx &  http://bellarmine.lmu.edu/~jdevine




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