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Author Topic: Economists say cost of war could top $2 trillion
Gordon Bennett
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WASHINGTON -- The cost of the Iraq war could top $2 trillion after factoring in long-term healthcare for wounded US veterans, rebuilding a worn-down military, and accounting for other unforeseen bills and economic losses, according to a new analysis to be presented today in Boston.

The estimate by Columbia University economist Joseph E. Stiglitz and Harvard lecturer Linda Bilmes far exceeds projections made by the Bush administration.

The figure is more than four times what the war was expected to cost through 2006 -- around $500 billion, according to congressional budget data.

From the The Boston Globe

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"Those who would give up Essential Liberty to purchase a
little Temporary Safety, deserve neither Liberty nor Safety."

- Benjamin Franklin
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