The three trillion dollar war
by Joseph E. Stiglitz, Linda J. Bilmes
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Nobel Prize winner Joseph E. Stiglitz and Harvard professor Linda J. Bilmes cast a spotlight on expense items that have been hidden from the U.S. taxpayer, including not only big-ticket items like replacing military equipment (being used up at six times the peacetime rate) but also the cost of caring for thousands of wounded veterans--for the rest of their lives. Shifting to a global focus, the authors investigate the cost in lives and economic damage within Iraq and the region. Finally, with the chilling precision of an actuary, the authors measure what the U.S. taxpayer's money would have pr
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Sorry but your $800bn figure is bullshit. I'd highly recommend reading The Three Trillion Dollar War: https://en.m.wikipedia.org/wiki/The_Three_Trillion_Dollar_Wa... Even moderate estimates put it at about $5 Trillion, the most conservative at $3 trillion, with the high end (reality) at $8+. One huge…
on “Beipanjiang Bridge, suspended 565m above China’s south-west mountains [video]” ↗…more details see the Congressional Budget Office's report on the "Estimated Costs of U.S. Operations in Iraq and Afghanistan" http://www.cbo.gov/ftpdocs/86xx/doc8690/10-24-CostOfWar_Test... and "The Three Trillion Dollar War": http://www.amazon.com/Three-Trillion-Dollar-War-Conflict/dp/... Unfortunately, as outrageous as the money wasted on the war is, the human cost has been much worse, and it may not be fully paid for…
on “The Billion Dollar Gram” ↗