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 ...
How much did 9/11 cost? Billions upon billions and we are still paying for it.
In order for one to determine if it's a lot of money one needs to determine if the source is telling the truth. One part of determining the truth may be to determine the sources political affiliation.
I find it sad when one doesn't question the legitimacy of an economist and the factual content of what the economist is saying.
If you are Dark's friend ask him about RBKA, or look at the list and see if you have any friends there, who can nominate you. If all else fails, you can just get on a paving thread and ask to join. :-)
sure! LOL! it is for troll kicking....
Cool :)
From the article:
"The war's direct cost in money terms was $4 trillion (in then-current dollars)."
Oooooooooooooooo...that's MARVELOUS! LOL
LOL! I spoke too soon......
join in while you are here--
(egg on face....)
I LOVED IT! Had to bring it home! LOL!
That's the kitty!
I have him on my mirror of teh lst (with modifications), and I think he was added to Kings copy.
(Doesn't hurt to ask King about it though!)
LOL! I love the bloody teeth! LOL! and the earring! LOL!
it's so cute!
I simply MUST protest the latest series of ZOTS. Sir, we simply MUST have a better caliber of troll provided by your Website. The utter imbecility, Pre-school level humor and complete lack of even a nodding acquaintance with reality demonstrated by today's series of trolls simply was not up to the high standards we expect from Free Republic.
I mean, how can one be expected to generate really witty crushing repartee when the troll in question doesn't even warrant a Z must less the full ZOT? All we are asking, Sir, are foes worthy of our steel! Please NO more cases, such as today, of such a collection of gibber refugees from a DNA reclamation project! Did you REALLY think we would believe today's trolls could POSSIBLE claim human sapience?
Thank you for your prompt assistance in this matter.
Purrrrrrrfect. Just PUrrrrrrrfect Kitty.
OH WOW! YOU RULE. That was GREAT! I am going to chuckle for days after reading you comment and in the top 10 no less!!! Well done!!! After that he is SO Zotted. I bet his little Leftist pin head exploded after reading your comment.
LOL!!!!
ROFLLLL!!
this little thing was VERY easy.... but okay for a night cap..LOL!
it tried to be so coy...LOL!
who? me? "I resent...." LOL!
Looks like a twisted Cheshire Cat.
(Cool!)
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