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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: epicure who wrote (213390)1/1/2013 5:10:33 PM
From: cosmicforce  Read Replies (1) | Respond to of 541355
 
Yeah, I remember the stories about plane-loads of cash... I want to know what we bought with that!



To: epicure who wrote (213390)1/1/2013 6:07:37 PM
From: T L Comiskey  Read Replies (3) | Respond to of 541355
 
The whole Iraq war- waste.

How much money is that?

Economist Stiglitz Says Iraq War Costs May Reach $5 Trillion

By Vivien Lou Chen and Thomas Keene -

March 1, 2008

March 1 (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.