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Politics : View from the Center and Left

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To: TimF who wrote (94683)	11/7/2008 8:13:04 PM
From: Mary Cluney	Read Replies (1) of 541877

<<<Not exactly, there is no specific commitment (except to the money already paid, and a some bit of money in the future), >>> Economist Stiglitz Says Iraq War Costs May Reach $5 Trillion By Vivien Lou Chen and Thomas Keene (Bloomberg) -- Nobel economics laureate Joseph Stiglitz, author of a new book that claims the Iraq war will cost the U.S. more than $3 trillion, said the final tally is likely to climb much higher than that. ``It's much more like five trillion,'' Stiglitz said yesterday in an interview with Bloomberg Radio. ``We were trying to make Americans understand how expensive this war was so we didn't want to quibble about a dime here or a dime there.'' His analysis comes as the Senate debates a Democratic plan to begin withdrawing troops from Iraq. The 2001 Nobel winner's initial estimate of $3 trillion drew criticism from Republican Senator Sam Brownback of Kansas, who said that the number ignores the price the U.S. would pay if Iraq became a terrorist state. What about just the medical care for all the severely wounded soldiers. What do you think are annual costs are for those that have lost an arm or a leg. Multipy that by the 50 or sixty more years that they are expected to live. The numbers of the severely wounded are not published, but the numbers are large as are the costs.

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