Posted on 01/07/2006 6:48:17 PM PST by shuntos
The real cost to the US of the Iraq war is likely to be between $1 trillion and $2 trillion (£1.1 trillion), up to 10 times more than previously thought, according to a report written by a Nobel prize-winning economist and a Harvard budget expert.
The study, which expanded on traditional estimates by including such costs as lifetime disability and healthcare for troops injured in the conflict as well as the impact on the American economy, concluded that the US government is continuing to underestimate the cost of the war.
The report came during one of the most deadly periods in Iraq since the invasion, with the US military yesterday revising upwards to 11 the number of its troops killed during a wave of insurgent attacks on Thursday. More than 130 civilians were also killed when suicide bombers struck Shia pilgrims in Karbala and a police recruiting station in Ramadi.
The paper on the real cost of the war, written by Joseph Stiglitz, a Columbia University professor who won the Nobel prize for economics in 2001, and Linda Bilmes, a Harvard budget expert, is likely to add to the pressure on the White House on the war. It also followed the revelation this week that the White House had scaled back ambitions to rebuild Iraq and did not intend to seek funds for reconstruction.
(Excerpt) Read more at guardian.co.uk ...
Now, let's give this troll the coup de gras!
Hey, at least I was kind enough to call you a moderate. No need to get nasty.
yeah, riiiiiiiiiiiiiiiiiiiiiiiiight, the n00b has lurked here for a long time.......LOL This is SERIAL CALLER stuff. But yes, let's see how long it takes to make him/her cry; shall we?
Looks like he's dead.
actually- you read too many liberal sources....
have you READ the speeches that Bush gave leading up to the invasion of Iraq?
First things first....
1) We would have NEVER invaded Iraq if the APPEASEMENT (oil for food CROOKS) had given a united front. I was married to a con artist.. they will continue to lie, cheat, and deceive as long as ANYONE is willing to bite. Not until you ALL face them down and shove the truth in their nose will they ever budge....
2) The REASONS (I know this is hard- but notice the PLURAL there) for invading Iraq were very well stated. Just because the MSM blew the WMD whistle endlessly- (they like to do that, latch onto the "zing" factor that scares people...."Is your drinkg water safe? Tune in next week for our undercover report....") does not mean that this is the "reason" the President trumpeted.
3) THE BIG PICTURE-- (I know it is hard to look at BIG pictures- but try-- take an aspirin if it starts to hurt) REMOVING Saddam was creating PEACE and STABILITY in the Middles East. We took an ENEMY-- A SWORN ENEMY- and now- NOT only have an ally- but we have a DEMOCRACY! Once they get a taste of freedom- they will know that it is worth fighting for and dying for-- instead of blaming people with freedom. The neighbors will want it too!
By your little economic panic-- we should just say- "Oh well, I like freedom, but I might have to give up my BMW or X BOX......decisions, decisions....."
It's lame-- You do not understand......read the tagline....
Okay, decal, time for the boiling tar pots picture!
Hey, eeevil, now you can be in on your first PAVING PARTY. :-)
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Ready when you are, CB! (or np, whichever...)
All the economists in the world, laid end to end, would not reach a decision.
Wake up the Kitties!!
Fire Up the Pavers!!!
I called it!!
:)
LOL, decal, I know that you can always be counted on as my COMMANDER IN CHIEF OF THE TAR BARRELS. Thanks!
You done good, Mike! :-)
You again?
::bows::
Thank you :)
He's dead. :-)
Who gets to skin it and clean it?
*everyone tips over bubbling tar pots instead*
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