The Three Trillion Dollar War: The True Cost of the Iraq Conflict (Hardback)
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Short Description for The Three Trillion Dollar War Apart from its tragic human toll, the Iraq War will be staggeringly expensive in financial terms. This sobering study casts a spotlight on expenses that have been hidden from the U.S. taxpayer and measures what this money would have produced if it had been invested in the economy.
- Published: 03 March 2008
- Format: Hardback 92 pages
- ISBN 13: 9780393067019 ISBN 10: 0393067017
- Sales rank: 123,655
Full description for The Three Trillion Dollar War
Apart from its tragic human toll, the Iraq War will be staggeringly expensive in financial terms. This sobering study by Nobel Prize winner Joseph E. Stiglitz and Harvard professor Linda J. Bilmes casts a spotlight on expense items that have been hidden from the U.S. taxpayer, including not only big-ticket items like replacing military equipment (being used up at six times the peacetime rate) but also the cost of caring for thousands of wounded veterans for the rest of their lives. Shifting to a global focus, the authors investigate the cost in lives and economic damage within Iraq and the region. Finally, with the chilling precision of an actuary, the authors measure what the U.S. taxpayer's money would have produced if instead it had been invested in the further growth of the U.S. economy. Written in language as simple as the details are disturbing, this book will forever change the way we think about the war.