Thursday, August 02, 2007
How much will the Iraq War Cost? William D. Nordhaus got it right in 2003.
Remember: White House Economic Adviser Lawrence Lindsay was fired by Bush in 2002 for forecasting that that the war will cost the U.S. Treasury between $100 billion and $200 billion.
Office of Management and Budget Director Mitch Daniels said that war could cost between $50 billion and $60 Billion, after Lindsay made his remarks.
Anybody smell a pattern of trying to sell a war on the cheap?