the-true-cost-of-the-iraq-war

The true cost of the Iraq war

We review The Three Trillion Dollar War: The True Cost of the Iraq Conflict by Joseph E Stiglitz and Linda J Bilmes.
April 13, 2008
History will not be kind to President George W Bush and the architects of the Iraq war. It is hard to know what they really hoped to achieve, but by any reasonable measure they have failed spectacularly so far û and at an extraordinary cost.

According to a conservative estimate by economist Joseph Stiglitz and public policy expert Linda Bilmes, US taxpayers are facing a bill of about $3 trillion for the war, which they have not yet even started to pay back thanks to the Bush tax cut and the IOUs written to fund the escapade.

In totting up the headline number, Stiglitz and Bilmes focus only on the budgetary costs the military...
¬ Haymarket Media Limited. All rights reserved.

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