Thursday, October 02, 2008

The Hidden Cost of War

From Good Video:
In 2003, Donald Rumsfeld estimated a war with Iraq would cost $60 billion. Five years later, the cost of Iraq war operations is more than 10 times that estimate. So what's behind the ballooning figures? Joseph E. Stiglitz and Linda J. Bilme's exhaustively researched book, The Three Trillion Dollar War: The True Cost of the Iraq Conflict, breaks down the price tag, from current debts to the unseen costs we'll pay for many years to come.
A lasting statement: "50 times the original estimate"



Source: Matt Yglesias

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