parburypolitica
Saturday, December 23, 2006
  How much ?!!!
Joseph Stiglitz and Linda Bilmes have a very interesting take on the cost of the iraq war over at Truthdig. Instead of just the cost of the military operations they are including the payments for war pensions and the cost of lost investment opportunities amongst a whole host of other things. The total figure is pretty gigantic and it would be interesting to see what the eqivalent UK figure is. I bet it will give Gordon the grumps.
 
Comments:
Multiply the highest figures admitted by the government and multiply by a factor of FOUR to give CONSERVATIVE and SIX to give LIBERAL estimate of the cost of this war. The esteemed researchers also blow the idea of economics gains from warfare out of the water - kerboom - and realise it is hard to count the environmental cost of military activity. Isn't it the case that an idling tank uses 10 gallons of loopy juice an hour?
 
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