Wednesday, July 30, 2008
The Unaffordable Economic Costs of Iraq
George Bush, John McCain, and their conservative allies believe that the Iraq war has been worth the cost. About two-thirds of Americans disagree, according to a recent ABC News/Washington Post poll. Apparently, conservatives don’t understand “opportunity cost”—the basic economic concept that when you choose to buy one thing, you can’t use that money to buy something else.
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