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 ...
Welcome. :-)
Enjoyably so too!
PAVING PARTY PING!!!!!
Now..................PAVE !
Who drew the first drag strip burnout on the track when we're done.
HELLO!
Great to see you could make it!
You're puke!
You're slime!
Your shorts are two sizes too tight, and your shoes three sizes too loose!
I am the third man on the grassy knoll!
I AM the grassy knoll!
I came up with the conspiracy, it was all ME!
I will be called the Darklord, and you will all cower and shiver before me!
I run OPEC!
It's all MY fault!
American Idol is rigged by ME!
I have ways of knowing what you are doing because of the distgrontificator in your RADIO!
Your TV is a spying device through which we see your actions!
Your showerhead is a video camera with which we view your shortcomings!
Your spouse is an agent plant that works for US!
WE will control all!
Nothing short of Binaca will stop US!
The crows really are out to get me.....
I, I.. I.. *knock at the door*
Huh? Who could that be? *gets up to answer the door*
Yes? Hey, who ARE you people? *muffled muttering outside door*
What?! No! Let go of me!
I..! *sounds of major struggle*
Not the tranq dart! NOO! *muffled pop, sound of snoozing body hitting floor*
Unit 'Darksheare' has been neutralised for your safety and convenience.
I'm always lurking.. somewhere.
You may have that honor. :-)
Can you add me to your ping list? (What is it for anyway? lol)
Thanks!
Me too.
"Roaming like a ravenous kitty seeking whom it may pounce." -Zottinations 12:15.
It's the RBKA ping list and you have to be asked to join, or you have to ask to join the group. Ask King Prout and then we'll have to vote on you... :-)
Ah okay LOL
My pleasure, I assure you. :-)
That you thought ANYONE here was going to fall for this is mindbogglingly stupid. HITLER deciding to invade Russia was a MINOR mistake compared to the mistake YOU make coming here to Free Republic pushing THIS intellectually vacuous nonsense.
You know we REALLY must establish a new intellectual discipline. Our whole understanding of human intellect is all wrong. Our measurements simply do not account for some of the posers we get here. On our current scale it must be possible to have a NEGATIVE IQ since THIS post by you actually REDUCES the sum total of human knowledge.
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