The $2 Trillion Dollar War

The $2 Trillion Dollar War

Joseph Stiglitz, winner of the Nobel Prize for economics, estimates the true cost of the war at $2.267 trillion. That includes the government's past and future spending for the war itself ($725 billion), health care and disability benefits for veterans ($127 billion), and hidden increases in defense spending ($160 billion). It also includes losses the economy will suffer from injured vets ($355 billion) and higher oil prices ($450 billion).

Full Report [PDF]

Thanks to Woods Lot.