Monday, February 5, 2007

How Iraq could have been spent

Joseph Stiglitz, a Nobel prize winning economist, predicts that the final total for the Iraq war will be near two trillion dollars. ABC news has a story on what could have been done with $1 trillion.
Or note that the annual budget for the Department of Education is about $55 billion, which puts the price tag for Iraq at about 18 EDs. Just a few of these EDs would certainly have put muscle into the slogan "No child left behind."
I think that we will be able to look back on this later and say: "This war got us nowhere and cost a fortune" and "Bush is the president that has spent the most money of any president." [via digg]

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Barack Obama for President