You Do the Math

You do the math. Someone told me a couple of years ago that he thought we needed to militarily intervene in Iraq because “Somebody’s got to teach those people how to think, don’t they?” Well, if we wanted to teach them to think, maybe we could have spent our trillion dollars (direct and indirect costs) [...]

Cost of Iraq War

At the Iraq war outset, the Bush administration produced an initial cost estimate of about $250 billion. They also announced that, using oil revenue, Iraq could “refinance its own reconstruction.” Two economists, Linda Bilmes and Nobel Laureate Joseph Stiglitz, have now estimated the total (current and future) cost of the Iraq war to US taxpayers [...]