Experts Say Iraq War Will Cost $1 Trillion A new study by a Nobel Prize-winning economist and a budget expert puts the total cost of the Iraq War at $1 trillion to $2 trillion. In a paper presented to this week's Allied Social Sciences Association annual meeting in Boston, Linda Bilmes of Harvard and Nobel Laureate Joseph E. Stiglitz of Columbia University said the final bill is likely to be much higher than the Bush administration estimates. The study includes the cost of disability payments and health care for the over 16,000 injured military personnel -- one-fifth of whom have serious brain or spinal injuries. Stiglitz and Bilmes also analyzed the costs to the economy, including the economic value of lives lost and higher oil prices.Add that to the $2.5 trillion in debt that he's on target to add by the time he's through his 8 years of pillaging this country. Stand up Republicans and take a bow. And bend over and grab your ankles while you're at it.
Monday, January 09, 2006
The Real Cost of Bush's War
...And, he's not done yet.
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National Debt
On August 15, 1935, Wiley Post, the first pilot to fly solo around the world, and American humorist Will Rogers were killed when Post's plane crashed on takeoff from a lagoon near Point Barrow, in Alaska.