A leading economist says the true cost of Iraq is far higher than President Bush claims -- and America will pay the price for decades to come.
When America invaded Iraq in 2003, the Bush administration predicted that the war would turn a profit, paying for itself with increased oil revenues. So far, though, Congress has spent more than $350 billion on the conflict, including the $50 billion appropriated for 2007.
But according to one of the world's leading economists, that is just a fraction of what Iraq will actually wind up costing American taxpayers. Joseph Stiglitz, winner of the Nobel Prize for economics, estimates the true cost of the war at$2.267 trillion. That includes the government's past and future spending for the war itself ($725 billion), health care and disability benefits for veterans ($127 billion), and hidden increases in defense spending ($160 billion). It also includes losses the economy will suffer from injured vets ($355 billion) and higher oil prices ($450 billion).
W, Dead-eye Dick, Pat Robertson, Reverend Jimmy Swaggart ('never met a man I wanted to marry'), George Carlin ('I think being a minority does not make you noble or victimized, and does not entitle you to anything'), Ann Coulter, Sean Hannity, Martha and Cramer rule.
practically 3 billion dollars for each person killed on 9/11//// not so cost effective imho or 5 alcoas combined and what do we have to show for it. Nada Zilch.shit. lots of people killed and maimed. andf not a lick of oil!!! and to think the dumb son of a switch was elected Twice...