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?

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