Tuesday, March 11, 2008
The $3 Trillion War!
From a Vanity Fair article by Joseph E. Stiglitz and Linda J. Bilmes:
"On March 19, 2008, the U.S. will have been in Iraq for five years. The Bush administration was wrong about the need for the Iraq war and about the benefits the war would bring to Iraq, to the region, and to America. It has also been wrong about the full cost of the war, and it continues to take steps to conceal that cost.
After wildly lowballing the cost of the Iraq conflict at a mere $50 to $60 billion, the Bush administration has been concealing the full economic toll. The spending on military operations is merely the tip of a vast fiscal iceberg. In an excerpt from their new book, the authors calculate the grim bottom line."
Click here for more.
Related:
amNewYork looks at it another way: "Studies: Iraq Costs US $12B Per Month"
Online:
BUY Stiglitz and Bilmes' The Three Trillion Dollar War: The True Cost of the Iraq Conflict book here
.Labels: GOP incompetence, Iraq war
