"Political language . . . is designed to make lies sound truthful and murder respectable, and to give an appearance of solidity to pure wind." George Orwell

January 24, 2006

War's Stunning Price Tag by Linda Bilmes and Joseph Stiglitz

LAST WEEK, at the annual meeting of the American Economic Assn., we presented a new estimate for the likely cost of the war in Iraq. We suggested that the final bill will be much higher than previously reckoned — between $1 trillion and $2 trillion, depending primarily on how much longer our troops stay. Putting that into perspective, the highest-grossing movie of all time, "Titanic," earned $1.8 billion worldwide — about half the cost the U.S. incurs in Iraq every week.

0 Comments:

Post a Comment

<< Home

 

© 2000-2006: Another BATR Site