J. Stiglitz about cost of the iraq war
I came across an interesting article by Linda Bilmes and Joseph E. Stiglitz:
THE ECONOMIC COSTS OF THE IRAQ WAR: AN APPRAISAL THREE YEARS AFTER THE BEGINNING OF THE CONFLICT.
From the content:
- Budgetary Costs to the US Government
- Costs of the War to the US Economy: Adjustments to the budgetary estimates
- The Macro-economic effects of the War in Iraq
It contains some details about how much this ‘war on terrorism’ costs in the long term. Interesting, but it leaves you with a big WHY? in your head. Why spending that much money (and people) instead of investing in sustainable programs fighting poverty and hunger (both can also be understood as a ‘war on terror’).
Always the same question: why?
– Further Reading:
Update: For all german readers: Gestern auf snapup.net, heute bei Telepolis: Thomas Pany fasst die wesentlichen Punkte unter dem Titel Ätzende Abrechnung mit dem Irakkrieg zusammen.