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...
[youtube]http://www.youtube.com/watch?v=1OT5uw1Fb_0In 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.RESOURCES: The Three Trillion Dollar War: The True Cost of the Iraq Conflict; War At Any Price? The Total Economic Costs of the War Beyond the Federal Budget. By the Joint Economic Committee; threetrilliondollarwar.org.Thanks to the authors for their support, and to W. W. Norton for permission to use the research conducted for the book.
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