Monday, February 25, 2008

The Three Trillion Dollar War

By Joseph Stiglitz and Linda Bilmes, The Times of London UK
Posted on February 25, 2008, Printed on February 25, 2008
http://www.alternet.org/story/77663/

The Bush Administration was wrong about the benefits of the war and it was wrong about the costs of the war. The president and his advisers expected a quick, inexpensive conflict. Instead, we have a war that is costing more than anyone could have imagined.

The cost of direct US military operations -- not even including long-term costs such as taking care of wounded veterans -- already exceeds the cost of the 12-year war in Vietnam and is more than double the cost of the Korean War.

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