3,000,000,000,000 is a lot of $

It’s about ten thousand dollars for each of us. That’s what the Iraq War has cost, is costing, will cost.

Want more details, explanation, rationale? (Rationale for the number, that is. Rationale for the war is unavailable at this time.)

Here’s the place to check.


When the United States invaded Iraq in March 2003, Americans were told Iraqi oil would cover the costs of the war and rebuilding. Defense Secretary Donald Rumsfeld scoffed at estimates of $100 billion.

Nobel Prize-winning economist Joseph Stiglitz of Columbia University and Harvard University professor Linda Bilmes raised a stir in 2006 by estimating the real cost of the war to be $1 trillion. That estimate has been tripled and the title of their new book is The Three Trillion Dollar War.

For the next two weeks, Stiglitz and Bilmes will be on-line, answering questions about their numbers and their book. Visit the McClatchy website and post a question. Then come back and tell us the answer.


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s