Friday, January 06, 2006

The Cost of The War

TPMCafe || The Cost of The War: "NEW STUDY SUGGESTS ECONOMIC COST OF IRAQ WAR MUCH LARGER THAN PREVIOUSLY RECOGNIZED � A new study by two leading academic experts suggests that the costs of the Iraq war will be substantially higher than previously reckoned. In a paper presented to this week%u2019s Allied Social Sciences Association annual meeting in Boston MA., Harvard budget expert Linda Bilmes and Columbia University Professor and Nobel Laureate Joseph E. Stiglitz calculate that the war is likely to cost the United States a minimum of nearly one trillion dollars and potentially over $2 trillion."

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