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3 Trillion Dollar Shopping Spree! - 4/15/2008 1:05:41 PM

SugarMyChurro

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http://3trillion.org/

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RE: 3 Trillion Dollar Shopping Spree! - 4/15/2008 1:17:11 PM

FirmhandKY

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Hyperbole and BS.

What's the cost of the Iraq war in 1945 dollars, or the cost of WWII in today's dollars?

Lying with statistics.

Why do such sites feel it necessary to mislead in order to inflame?

Firm

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RE: 3 Trillion Dollar Shopping Spree! - 4/15/2008 1:23:32 PM

SugarMyChurro

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quote:

ORIGINAL: FirmhandKY
Hyperbole and BS.

Yes, those are the reasons we are in Iraq.

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RE: 3 Trillion Dollar Shopping Spree! - 4/15/2008 1:25:37 PM

domiguy

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Before the war, White House economic adviser Lawrence Lindsay estimated the cost at $100 to $200 billion. So the White House got rid of him and "re-estimated" the cost at $50 to $60 billion. It's now over $500 billion.
The neocons, Rumsfeld, Cheney, Wolfowitz, etc. were just totally unrealistic. "We are dealing with a country that can really finance its own reconstruction, and relatively soon." – Wolfowitz, March 28, 2003.

'nough said. Why would any sane person still back this occupation?

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RE: 3 Trillion Dollar Shopping Spree! - 4/15/2008 1:35:11 PM

kittinSol

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Figures can be expanded or shrunk according to what someone wants to say. Everyone knows that that's what statistics are for. There is a school of thought, however, that argues the economic cost of the invasion and occupation of Iraq is in the region of three trillion bucks.

Former White House economist Lawrence Lindsey ignited a furor with his estimate of the dollar cost of the Iraq war. For the first time, he tells how he came up with the number and what he thinks now.

NEW YORK (Fortune) -- The Iraq war has already cost the lives of nearly 4,000 U.S. troops, but there is another cost that is not so readily quantifiable: the economic toll. Forecasts of the cost to the U.S. have reached into the trillions of dollars, fueling a controversy over the impact on the budget and the economy. Missing from the debate until now has been the man who famously sparked it: Lawrence Lindsey, then President Bush's chief economist, who gave an estimate in 2002 that sent the Bush administration into sticker shock. Less than three months later he was out of the White House.

Fortune

(Fortune mag is hardly a hotbed of pinko commie liberals, by the way.)

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RE: 3 Trillion Dollar Shopping Spree! - 4/15/2008 1:54:27 PM

pahunkboy

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^sarcasim, hand on hip^

well.

we cant solve EVERY problem by throwing MONEY at it! glunk.

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RE: 3 Trillion Dollar Shopping Spree! - 4/15/2008 2:22:28 PM

meatcleaver

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General point. The three trillion dollar cost of the war is put forward by Nobel Prize winning economist Joeseph E Stiglitz.

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RE: 3 Trillion Dollar Shopping Spree! - 4/15/2008 2:40:15 PM

stella41b

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quote:

ORIGINAL: FirmhandKY

Why do such sites feel it necessary to mislead in order to inflame?

Not sure, but probably it's similar to the Bush administration feeling the need to achieve something similar to what Hitler achieved in the 1930's and 1940's.

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