Joseph Stiglitz And Linda Bilmes: The True Cost Of The Iraq War

Joseph Stiglitz And Linda Bilmes: The True Cost Of The Iraq War

Writing in these pages in early 2008, we put the total cost to the United States of the Iraq war at $3 trillion. This price tag dwarfed previous estimates, including the Bush administration's 2003 projections of a $50 billion to $60 billion war.

But today, as the United States ends combat in Iraq, it appears that our $3 trillion estimate (which accounted for both government expenses and the war's broader impact on the U.S. economy) was, if anything, too low.

Popular in the Community

Close

What's Hot