Nobel laureate places cost of Bush's Iraq fiasco at between $1-2 trillion



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Topic: Politics > Politics-USA
User: "Harry Hope"
Date: 05 Jan 2006 12:22:41 PM
Object: Nobel laureate places cost of Bush's Iraq fiasco at between $1-2 trillion
http://www.tpmcafe.com/story/2006/1/5/11510/30624
Jan 05, 2006
The Cost of The War
By Pascal Riche
Nobel Laureate Joseph E. Stiglitz and Harvard budget expert Linda
Bilmes plan to present this week a paper estimating the cost of the
Iraq War at between $1-2 trillion.
This is far higher than earlier estimates of $100-200 billion.
Here is their statement:
NEW STUDY SUGGESTS ECONOMIC COST OF IRAQ WAR MUCH LARGER THAN
PREVIOUSLY RECOGNIZED
A new study by two leading academic experts suggests that the costs of
the Iraq war will be substantially higher than previously reckoned.
In a paper presented to this week’s Allied Social Sciences Association
annual meeting in Boston MA., Harvard budget expert Linda Bilmes and
Columbia University Professor and Nobel Laureate Joseph E. Stiglitz
calculate that the war is likely to cost the United States a minimum
of nearly one trillion dollars and potentially over $2 trillion.
The study expands on traditional budgetary estimates by including
costs such as lifetime disability and health care for the over16,000
injured, one fifth of whom have serious brain or spinal injuries.
It then goes on to analyze the costs to the economy, including the
economic value of lives lost and the impact of factors such as higher
oil prices that can be partly attributed to the conflict in Iraq.
The paper also calculates the impact on the economy if a proportion of
the money spent on the Iraq war were spent in other ways, including on
investments in the United States
"Shortly before the war, when Administration economist Larry Lindsey
suggested that the costs might range between $100 and $200 billion,
Administration spokesmen quickly distanced themselves from those
numbers," points out Professor Stiglitz.
"But in retrospect, it appears that Lindsey’s numbers represented a
gross underestimate of the actual costs."
The Allied Social Sciences Association meeting is attended by the
nation’s leading economists and social scientists.
It is sponsored jointly by the American Economic Association and the
Economists for Peace and Security.
_________________________________________________________
"Before we give you billions more, we want to know what you’ve done
with the trillion you’ve got."
Les Aspin
Harry
.

User: "911"

Title: Re: Nobel laureate places cost of Bush's Iraq fiasco at between $1-2 trillion 05 Jan 2006 02:28:11 PM
"Harry Hope" <rivrvu@ix.netcom.com> wrote in message
news:i0pqr1diqco721tv28n3thqt7dcdsd9kvi@4ax.com...


http://www.tpmcafe.com/story/2006/1/5/11510/30624

Jan 05, 2006

The Cost of The War

By Pascal Riche

Nobel Laureate Joseph E. Stiglitz and Harvard budget expert Linda
Bilmes plan to present this week a paper estimating the cost of the
Iraq War at between $1-2 trillion.

This is far higher than earlier estimates of $100-200 billion.

A pitance compared to surrendering the country to the terrorists. Especially
when you eaqually figure in the GDP of the nation for the life of the
soldiers that the "nobel laureate" decided to factor into the equation.
Conservative estimate of GDP for the life of a soldier = 1 quadrillion
We can't win -- Howard Dean
.
User: "tenjets"

Title: Re: Nobel laureate places cost of Bush's Iraq fiasco at between $1-2 trillion 05 Jan 2006 07:47:18 PM
"911" <911@911.911> wrote in message
news:vjfvf.3168$%W1.1672@newsread2.news.atl.earthlink.net...


"Harry Hope" <rivrvu@ix.netcom.com> wrote in message
news:i0pqr1diqco721tv28n3thqt7dcdsd9kvi@4ax.com...


http://www.tpmcafe.com/story/2006/1/5/11510/30624

Jan 05, 2006

The Cost of The War

By Pascal Riche

Nobel Laureate Joseph E. Stiglitz and Harvard budget expert Linda
Bilmes plan to present this week a paper estimating the cost of the
Iraq War at between $1-2 trillion.

This is far higher than earlier estimates of $100-200 billion.


A pitance compared to surrendering the country to the terrorists.
Especially when you eaqually figure in the GDP of the nation for the life
of the soldiers that the "nobel laureate" decided to factor into the
equation.
Conservative estimate of GDP for the life of a soldier = 1 quadrillion

We can't win -- Howard Dean

Then why didn't conservatives send them over with body armor?
You're plain stupid.
.
User: ""

Title: Re: Nobel laureate places cost of Bush's Iraq fiasco at between $1-2 trillion 05 Jan 2006 10:31:27 PM
On Fri, 06 Jan 2006 01:47:18 GMT, "tenjets" <doh@nowhere.net> wrote:


"911" <911@911.911> wrote in message
news:vjfvf.3168$%W1.1672@newsread2.news.atl.earthlink.net...


"Harry Hope" <rivrvu@ix.netcom.com> wrote in message
news:i0pqr1diqco721tv28n3thqt7dcdsd9kvi@4ax.com...


http://www.tpmcafe.com/story/2006/1/5/11510/30624

Jan 05, 2006

The Cost of The War

By Pascal Riche

Nobel Laureate Joseph E. Stiglitz and Harvard budget expert Linda
Bilmes plan to present this week a paper estimating the cost of the
Iraq War at between $1-2 trillion.

This is far higher than earlier estimates of $100-200 billion.


A pitance compared to surrendering the country to the terrorists.
Especially when you eaqually figure in the GDP of the nation for the life
of the soldiers that the "nobel laureate" decided to factor into the
equation.
Conservative estimate of GDP for the life of a soldier = 1 quadrillion

We can't win -- Howard Dean

Then why didn't conservatives send them over with body armor?
You're plain stupid

Because you leftist, fear mongering liberals wouldn't spend the money
to buy it.


.
User: "tenjets"

Title: Re: Nobel laureate places cost of Bush's Iraq fiasco at between $1-2 trillion 06 Jan 2006 12:13:46 AM
<Default@yahoo.com> wrote in message
news:1isrr1l584pmhsvtmkekk0t6moiip4h99b@4ax.com...

On Fri, 06 Jan 2006 01:47:18 GMT, "tenjets" <doh@nowhere.net> wrote:


"911" <911@911.911> wrote in message
news:vjfvf.3168$%W1.1672@newsread2.news.atl.earthlink.net...


"Harry Hope" <rivrvu@ix.netcom.com> wrote in message
news:i0pqr1diqco721tv28n3thqt7dcdsd9kvi@4ax.com...


http://www.tpmcafe.com/story/2006/1/5/11510/30624

Jan 05, 2006

The Cost of The War

By Pascal Riche

Nobel Laureate Joseph E. Stiglitz and Harvard budget expert Linda
Bilmes plan to present this week a paper estimating the cost of the
Iraq War at between $1-2 trillion.

This is far higher than earlier estimates of $100-200 billion.


A pitance compared to surrendering the country to the terrorists.
Especially when you eaqually figure in the GDP of the nation for the
life
of the soldiers that the "nobel laureate" decided to factor into the
equation.
Conservative estimate of GDP for the life of a soldier = 1 quadrillion

We can't win -- Howard Dean

Then why didn't conservatives send them over with body armor?
You're plain stupid



Because you leftist, fear mongering liberals wouldn't spend the money
to buy it.

You dumb fucking *****. Which party has the majority in congress? And which
president says "congress spends the money?" Answers: republicans and bush.
.

User: "911"

Title: Re: Nobel laureate places cost of Bush's Iraq fiasco at between $1-2 trillion 06 Jan 2006 12:12:01 AM
<Default@yahoo.com> wrote in message
news:1isrr1l584pmhsvtmkekk0t6moiip4h99b@4ax.com...

On Fri, 06 Jan 2006 01:47:18 GMT, "tenjets" <doh@nowhere.net> wrote:


"911" <911@911.911> wrote in message
news:vjfvf.3168$%W1.1672@newsread2.news.atl.earthlink.net...


"Harry Hope" <rivrvu@ix.netcom.com> wrote in message
news:i0pqr1diqco721tv28n3thqt7dcdsd9kvi@4ax.com...


http://www.tpmcafe.com/story/2006/1/5/11510/30624

Jan 05, 2006

The Cost of The War

By Pascal Riche

Nobel Laureate Joseph E. Stiglitz and Harvard budget expert Linda
Bilmes plan to present this week a paper estimating the cost of the
Iraq War at between $1-2 trillion.

This is far higher than earlier estimates of $100-200 billion.


A pitance compared to surrendering the country to the terrorists.
Especially when you eaqually figure in the GDP of the nation for the
life
of the soldiers that the "nobel laureate" decided to factor into the
equation.
Conservative estimate of GDP for the life of a soldier = 1 quadrillion

We can't win -- Howard Dean

Then why didn't conservatives send them over with body armor?
You're plain stupid



Because you leftist, fear mongering liberals wouldn't spend the money
to buy it.

They voted for body armor.... before they voted against it.
.
User: "tenjets"

Title: Re: Nobel laureate places cost of Bush's Iraq fiasco at between $1-2 trillion 06 Jan 2006 01:45:30 AM
"911" <911@911.911> wrote in message
news:RSnvf.5481$M%4.1719@newsread3.news.atl.earthlink.net...


<Default@yahoo.com> wrote in message
news:1isrr1l584pmhsvtmkekk0t6moiip4h99b@4ax.com...

On Fri, 06 Jan 2006 01:47:18 GMT, "tenjets" <doh@nowhere.net> wrote:


"911" <911@911.911> wrote in message
news:vjfvf.3168$%W1.1672@newsread2.news.atl.earthlink.net...


"Harry Hope" <rivrvu@ix.netcom.com> wrote in message
news:i0pqr1diqco721tv28n3thqt7dcdsd9kvi@4ax.com...


http://www.tpmcafe.com/story/2006/1/5/11510/30624

Jan 05, 2006

The Cost of The War

By Pascal Riche

Nobel Laureate Joseph E. Stiglitz and Harvard budget expert Linda
Bilmes plan to present this week a paper estimating the cost of the
Iraq War at between $1-2 trillion.

This is far higher than earlier estimates of $100-200 billion.


A pitance compared to surrendering the country to the terrorists.
Especially when you eaqually figure in the GDP of the nation for the
life
of the soldiers that the "nobel laureate" decided to factor into the
equation.
Conservative estimate of GDP for the life of a soldier = 1 quadrillion

We can't win -- Howard Dean

Then why didn't conservatives send them over with body armor?
You're plain stupid



Because you leftist, fear mongering liberals wouldn't spend the money
to buy it.


They voted for body armor.... before they voted against it.

You mean the republican majority voted against body armor?
.




User: "Lamont Cranston"

Title: Re: Nobel laureate places cost of Bush's Iraq fiasco at between $1-2trillion 05 Jan 2006 03:22:20 PM
911 wrote:

"Harry Hope" <rivrvu@ix.netcom.com> wrote in message
news:i0pqr1diqco721tv28n3thqt7dcdsd9kvi@4ax.com...

http://www.tpmcafe.com/story/2006/1/5/11510/30624

Jan 05, 2006

The Cost of The War

By Pascal Riche

Nobel Laureate Joseph E. Stiglitz and Harvard budget expert Linda
Bilmes plan to present this week a paper estimating the cost of the
Iraq War at between $1-2 trillion.

This is far higher than earlier estimates of $100-200 billion.



A pitance compared to surrendering the country to the terrorists. Especially

The war in Iraq has nothing to do with surrendering the country to
terrorists. There were no terrorists in Iraq before Georgie Boy invaded
it. The only relationship between the war in Iraq and terrorists is
that the war provides a training vehicle for them. So, invading Iraq
has strengthened al Qaeda.

when you eaqually figure in the GDP of the nation for the life of the
soldiers that the "nobel laureate" decided to factor into the equation.
Conservative estimate of GDP for the life of a soldier = 1 quadrillion

We can't win -- Howard Dean


Howard is, of course, correct. Civil war in Iraq is inevitable.
Neocons are too stupid to see it.
.
User: "911"

Title: Re: Nobel laureate places cost of Bush's Iraq fiasco at between $1-2 trillion 05 Jan 2006 03:43:59 PM
"Lamont Cranston" <Lamont@TheShadow.com> wrote in message

Howard is, of course, correct. Civil war in Iraq is inevitable. Neocons
are too stupid to see it.

I'll file that under "more democrat predictions that didn't come true".
Right next to Major eco-disaster as oil feilds burn, millions of dead, tens
of thousands of US soldiers die of Sadaam chemical attacks, massive Islamic
uprising against the U.S., millions of Iraqi refugees, Bush loses in
2004....
None of which has come true. The U.S. handily took over Iraq in about 3
weeks, owned it for 5 minutes, took down the U.S. flag, and an Iraqi citizen
handed the former Iraqi flag to a soldier, it was put up in place of the
U.S. flag, the U.S. handed Irqi soverenty over, elections took place, more
elections took place. Iraq is now self governed, terrorists are hiding in
fear of the U.S. Pro terrorist governments are on notice and the U.S. has
established itself as a country to definitely not ***** with. As per GWB
"Bring it on" remark.
.
User: "Kevin Cunningham"

Title: Re: Nobel laureate places cost of Bush's Iraq fiasco at between $1-2 trillion 05 Jan 2006 04:28:21 PM
"911" <911@911.911> wrote in message
news:zqgvf.5268$M%4.2590@newsread3.news.atl.earthlink.net...


"Lamont Cranston" <Lamont@TheShadow.com> wrote in message

Howard is, of course, correct. Civil war in Iraq is inevitable. Neocons
are too stupid to see it.


I'll file that under "more democrat predictions that didn't come true".
Right next to Major eco-disaster as oil feilds burn, millions of dead,
tens of thousands of US soldiers die of Sadaam chemical attacks, massive
Islamic uprising against the U.S., millions of Iraqi refugees, Bush loses
in 2004....

None of which has come true. The U.S. handily took over Iraq in about 3
weeks, owned it for 5 minutes, took down the U.S. flag, and an Iraqi
citizen handed the former Iraqi flag to a soldier, it was put up in place
of the U.S. flag, the U.S. handed Irqi soverenty over, elections took
place, more elections took place. Iraq is now self governed, terrorists
are hiding in fear of the U.S. Pro terrorist governments are on notice
and the U.S. has established itself as a country to definitely not *****
with. As per GWB "Bring it on" remark.

I'm sorry but I think your talking about a different war. The one were
talking about involves Iraq. There three groups there and none of them like
us. Oh, and then there are the Iranians....
.



User: "rms"

Title: Re: Nobel laureate places cost of Bush's Iraq fiasco at between $1-2 trillion 05 Jan 2006 02:56:34 PM

A pitance compared to surrendering the country to the terrorists.

surrendering what country, and when?
rms
.
User: "911"

Title: Re: Nobel laureate places cost of Bush's Iraq fiasco at between $1-2 trillion 05 Jan 2006 03:03:37 PM
"rms" <rsquires@flashREMOVE.net> wrote in message
news:6Kfvf.5488$nA2.2@newssvr22.news.prodigy.net...

A pitance compared to surrendering the country to the terrorists.


surrendering what country, and when?

Surrendering to the terrorists who have declared war on us, instead of doing
whatever it takes and whatever it costs to hunt them down and exterminate
them. Bush decided to put the fly paper down over there and pick them off
where they live. Dems want to wait till they get here, or not do anything.
That's why they lose elections. I haven't heard of too many car bombs in New
York. Much to the dismay of democrats everywhere.
.
User: "Lamont Cranston"

Title: Re: Nobel laureate places cost of Bush's Iraq fiasco at between $1-2trillion 05 Jan 2006 03:31:01 PM
911 wrote:

"rms" <rsquires@flashREMOVE.net> wrote in message
news:6Kfvf.5488$nA2.2@newssvr22.news.prodigy.net...

A pitance compared to surrendering the country to the terrorists.


surrendering what country, and when?



Surrendering to the terrorists who have declared war on us, instead of doing
whatever it takes and whatever it costs to hunt them down and exterminate
them. Bush decided to put the fly paper down over there and pick them off

Horseshit. There were no terrorists in Iraq before the invasion. Now,
they are using Iraq as a training vehicle. Georgie is assisting the
terrorists.

where they live. Dems want to wait till they get here, or not do anything.
That's why they lose elections. I haven't heard of too many car bombs in New
York. Much to the dismay of democrats everywhere.

Typical strawman fallacies from an ignorant troll.
.
User: "sleeper"

Title: Re: Nobel laureate places cost of Bush's Iraq fiasco at between $1-2 trillion 05 Jan 2006 10:38:35 PM
Lamont Cranston <Lamont@TheShadow.com> waxed rhapsodic in
news:pegvf.1207$Ql1.526@chiapp18.algx.net:

911 wrote:

"rms" <rsquires@flashREMOVE.net> wrote in message
news:6Kfvf.5488$nA2.2@newssvr22.news.prodigy.net...

A pitance compared to surrendering the country to the terrorists.


surrendering what country, and when?



Surrendering to the terrorists who have declared war on us, instead
of doing whatever it takes and whatever it costs to hunt them down
and exterminate them. Bush decided to put the fly paper down over
there and pick them off


Horseshit. There were no terrorists in Iraq before the invasion.
Now, they are using Iraq as a training vehicle. Georgie is assisting
the terrorists.

where they live. Dems want to wait till they get here, or not do
anything. That's why they lose elections. I haven't heard of too many
car bombs in New York. Much to the dismay of democrats everywhere.


Typical strawman fallacies from an ignorant troll.

i'm guessing "911" has never heard of afghanistan. i'll go out on a limb
and predict that it can't find either iraq or afghanistan on a map without
google.
--
http://www.kexp.org
listener-powered and commercial-free.
.





User: "=?ISO-8859-1?Q?Espen_Schj=F8nberg?="

Title: Re: Nobel laureate places cost of Bush's Iraq fiasco at between $1-2trillion 05 Jan 2006 01:04:55 PM
On 05.01.2006 19:22, Harry Hope wrote:

http://www.tpmcafe.com/story/2006/1/5/11510/30624

Jan 05, 2006

The Cost of The War

By Pascal Riche

Nobel Laureate Joseph E. Stiglitz and Harvard budget expert Linda
Bilmes plan to present this week a paper estimating the cost of the
Iraq War at between $1-2 trillion.

This is far higher than earlier estimates of $100-200 billion.

Here is their statement:

NEW STUDY SUGGESTS ECONOMIC COST OF IRAQ WAR MUCH LARGER THAN
PREVIOUSLY RECOGNIZED

[snip]
In my opinion, the greatest cost of this war was that it took away the
focus from the war against terror. While Europe was willing to, and
ready, to support the USA in the war against terror, we did not want to
follow the USA into an old imperialist war against one of the few muslim
regimes in the Middle-East where the terrorists clearly did _not_ have
any support.
The way Bush sold this war as _connected_ to 911 in the states must be
one of the biggest lies in modern politics. And the way he managed to
make so many americans to regard Europes lack of enthusiasm as lack of
respect for own obligations, must have been the nastiest piece of
propaganda in the US ever.
Also, while Bush messes around with Iraq, Iran and North-Korea gets
nuclear weapons. Thats _bad_. "Bad" as in "horribly awful".
Of course, the americans don't care what we say from here about the
leader of what _was_ a great alliance...
--
Espen
Something is Wrong[tm]
.


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