Re: CEPA's cost-benefit analysis of the Ukraine war: 'It's Costing Peanuts for the US to Defeat Russia' Archived Message
Posted by Ken Waldron on December 30, 2022, 2:05 am, in reply to "CEPA's cost-benefit analysis of the Ukraine war: 'It's Costing Peanuts for the US to Defeat Russia'"
"The Center for European Policy Analysis (CEPA) is a nonprofit, nonpartisan, public policy institution based in Washington DC, focused on strengthening the transatlantic alliance through cutting-edge research, analysis, and programs.' " -There's the first porkie before we even start. If the declared aim is "strengthening the transatlantic alliance" you can't claim to be "nonpartisan". Do these people know the meaning of oxymoron? "I was going to start bolding the most psychotic passages but then I would have ended up bolding the whole thing..." Yea...I'm tempted to rip it apart bit by bit but we're up against Brandolini's law: "The amount of energy needed to refute bullshit is an order of magnitude bigger than that needed to produce it." So... I'll limit myself to one point. The author (a banker who should know about money) assumes that spending on Arms in Russia and that spendin on arms in the US are actual equivalents. They simply are not. The US Military Industrial complex is a machine for extracting government funds to a degree that the Russian Military Industrial complex has probably never dreamed of. Bills of $37 for one ordinary screw, $7,622 for coffee makers and $640 toilet seats would I suspect be laughed at in Russia but that's the kind of shit the bulk of the US non-overseen Billions in Aid to Ukraine will go on. It would be good to know the actual facts for a comparison but its well known Russian tanks are less than half the price of the equivalent western versions. I would imagine that the cost of many US armaments as compared to Russian equivalents is of a factor of several hundred percent higher: possibly into four figures in some cases. That accountants fallacy leads to the idea that Ukraine has destroyed "...nearly half of Russia’s conventional military capability (and thus) seems like an absolutely incredible investment." So... just the other half to go then. Well, it's certainly incredible as in not credible at all. You really would think that someone like the above who considers that the US can merely spend its way to victory would at least not rest a case on the infantile assumptions in his bean counting.
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Message Thread:
- CEPA's cost-benefit analysis of the Ukraine war: 'It's Costing Peanuts for the US to Defeat Russia' - Ian M December 29, 2022, 8:56 pm
- Re: CEPA's cost-benefit analysis of the Ukraine war: 'It's Costing Peanuts for the US to Defeat Russia' - Keith-264 December 29, 2022, 9:03 pm
- Re: CEPA's cost-benefit analysis of the Ukraine war: 'It's Costing Peanuts for the US to Defeat Russia' - Ken Waldron December 30, 2022, 2:05 am
- Orlov once said: It turns out Russia was a nation masquerading as a gas station, but .. - Shyaku December 31, 2022, 11:21 pm
- Sorry if already mentioned: Cost-benefit is what Russia has achieved,… - Shyaku January 1, 2023, 5:12 am
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