A new study of the war’s cost by an academic budget expert and a Nobel-winning economist came out last week:

A paper presented to the annual Allied Social Sciences Association meeting in Boston, in a session jointly sponsored by the American Economic Association and the Economists for Peace and Security, suggests that the costs of the Iraq war are much higher than previously reckoned, with conservative to moderate estimates ranging from slightly less than a trillion dollars to more than $2 trillion.

Trillions. Wow.

Full report here.

Posted by Wayne Uff at January 11, 2006 06:02 AM

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