2 Trillion already - I was not aware it was that high by now, I though it was in 700-800bn range... and looking like 4-6tn over the course of life from all war veterans. Most expensive war ever?
Good old 2002... it all started like this
and the guy (who also prepared you the gift that was Bush tax cuts) got fired for estimating too high cost which was supposed to be in 60bn range. It is also interesting that over the years neither democrats or republicans had the guts to stop the rot and say "that has been enough", not at 2x estimates not at 5x estimates or later.
As el Desperado said:
When accountability goes down to that, well... hillarity ensues.
Good old 2002... it all started like this
President Bush's chief economic adviser estimates that the U.S. may have to spend between $100 billion and $200 billion to wage a war in Iraq, but doubts that the hostilities would push the nation into recession or a sustained period of inflation.
Lawrence Lindsey, head of the White House's National Economic Council, projected the "upper bound" of war costs at between 1% and 2% of U.S. gross domestic product. With the U.S. GDP at about $10 trillion per year, that translates into a one-time cost of $100 billion to $200 billion. That is considerably higher than a preliminary, ...
Lawrence Lindsey, head of the White House's National Economic Council, projected the "upper bound" of war costs at between 1% and 2% of U.S. gross domestic product. With the U.S. GDP at about $10 trillion per year, that translates into a one-time cost of $100 billion to $200 billion. That is considerably higher than a preliminary, ...
and the guy (who also prepared you the gift that was Bush tax cuts) got fired for estimating too high cost which was supposed to be in 60bn range. It is also interesting that over the years neither democrats or republicans had the guts to stop the rot and say "that has been enough", not at 2x estimates not at 5x estimates or later.
As el Desperado said:
Originally posted by G.W.Bush Jan 15th 2005
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