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	<title>Comments on: Stiglitz on the (financial) cost of Iraq</title>
	<atom:link href="http://crookedtimber.org/2008/02/28/stiglitz-on-the-financial-cost-of-iraq/feed/" rel="self" type="application/rss+xml" />
	<link>http://crookedtimber.org/2008/02/28/stiglitz-on-the-financial-cost-of-iraq/</link>
	<description>Out of the crooked timber of humanity, no straight thing was ever made</description>
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		<title>By: neutral</title>
		<link>http://crookedtimber.org/2008/02/28/stiglitz-on-the-financial-cost-of-iraq/comment-page-1/#comment-230828</link>
		<dc:creator>neutral</dc:creator>
		<pubDate>Tue, 04 Mar 2008 23:55:44 +0000</pubDate>
		<guid isPermaLink="false">http://crookedtimber.org/2008/02/28/stiglitz-on-the-financial-cost-of-iraq/#comment-230828</guid>
		<description>Lord Acton,
your comments sound eerily familiar to something that you can read about here (an Israeli site):

http://www.btselem.org/English/</description>
		<content:encoded><![CDATA[	<p>Lord Acton,<br />
your comments sound eerily familiar to something that you can read about here (an Israeli site):</p>

	<p><a href="http://www.btselem.org/English/" rel="nofollow">http://www.btselem.org/English/</a></p>
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		<title>By: grammar nazi</title>
		<link>http://crookedtimber.org/2008/02/28/stiglitz-on-the-financial-cost-of-iraq/comment-page-1/#comment-230758</link>
		<dc:creator>grammar nazi</dc:creator>
		<pubDate>Tue, 04 Mar 2008 00:06:56 +0000</pubDate>
		<guid isPermaLink="false">http://crookedtimber.org/2008/02/28/stiglitz-on-the-financial-cost-of-iraq/#comment-230758</guid>
		<description>&quot;try and claim&quot;?

It is not often that one gets to correct DD...

Or should that be &quot;It is not often that one gets and correct DD&quot;?</description>
		<content:encoded><![CDATA[	<p>&#8220;try and claim&#8221;?</p>

	<p>It is not often that one gets to correct DD&#8230;</p>

	<p>Or should that be &#8220;It is not often that one gets and correct DD&#8221;?</p>
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		<title>By: A</title>
		<link>http://crookedtimber.org/2008/02/28/stiglitz-on-the-financial-cost-of-iraq/comment-page-1/#comment-230737</link>
		<dc:creator>A</dc:creator>
		<pubDate>Mon, 03 Mar 2008 19:53:21 +0000</pubDate>
		<guid isPermaLink="false">http://crookedtimber.org/2008/02/28/stiglitz-on-the-financial-cost-of-iraq/#comment-230737</guid>
		<description>It is silly to look at the costs without looking at the benefits. Stiglitz says:
&lt;blockquote&gt;&quot;The second criticism - which we admit - was that we only look at the costs, not the benefits. Now, we couldn&#039;t see any benefits. From our point of view we weren&#039;t sure what those were.&quot;&lt;/blockquote&gt;
This implies that we have literally nothing of value out of this enterprise, which is rediculous. It is reasonable to argue that the costs outweigh the benefits (in this case enormously). It is reasonable to say that even if a careful cost-benefit analysis showed a net plus (clearly not the case here), we still should not have done it for moral reasons. It is &lt;i&gt;not&lt;/i&gt; reasonable to say that all of this cost is equivalent to burning money, which is what you&#039;re doing if you don&#039;t count &quot;benefits.&quot;

&lt;b&gt;&lt;i&gt;Net&lt;/i&gt; costs is the right measure here if you want to talk about what we could have spent &quot;the money&quot; on if not for this war.&lt;/b&gt;

Here are some examples of &quot;benefits&quot; of the war:
- We now have soldiers who are much more highly-trained for counterinsurgency. This training is worth something.
- We have done a bunch of R&amp;D, from which we will benefit in the future, even in the civilian technology sector.
- Our dead soldiers will not collect medicare or social security benefits. (This is why cost-benefit analysis is grotesque when applied to a war; Stiglitz and Bilmes started it, and we must count this type of thing if we want to imagine what we could have spent &quot;the money&quot; on if not for the war; clearly any money spent saving sodiers&#039; lives after they are wounded is worth it no matter what this type of analysis says.)
- The war has contributed to higher oil prices, resulting in some reduction in greenhouse gas emissions, and likely spurring some additional R&amp;D that will contribute to our post-oil future.
- Some of the U.S. government spending on the war and its aftermath will come from taxes that would otherwise have been spent on positional goods by rich American individuals; such positional goods also have zero social value.</description>
		<content:encoded><![CDATA[	<p>It is silly to look at the costs without looking at the benefits. Stiglitz says:<br />
<blockquote>&#8220;The second criticism &#8211; which we admit &#8211; was that we only look at the costs, not the benefits. Now, we couldn&#8217;t see any benefits. From our point of view we weren&#8217;t sure what those were.&#8221;</blockquote><br />
This implies that we have literally nothing of value out of this enterprise, which is rediculous. It is reasonable to argue that the costs outweigh the benefits (in this case enormously). It is reasonable to say that even if a careful cost-benefit analysis showed a net plus (clearly not the case here), we still should not have done it for moral reasons. It is <i>not</i> reasonable to say that all of this cost is equivalent to burning money, which is what you&#8217;re doing if you don&#8217;t count &#8220;benefits.&#8221;</p>

	<p><b><i>Net</i> costs is the right measure here if you want to talk about what we could have spent &#8220;the money&#8221; on if not for this war.</b></p>

	<p>Here are some examples of &#8220;benefits&#8221; of the war: &#8211; We now have soldiers who are much more highly-trained for counterinsurgency. This training is worth something. &#8211; We have done a bunch of R&#038;D, from which we will benefit in the future, even in the civilian technology sector. &#8211; Our dead soldiers will not collect medicare or social security benefits. (This is why cost-benefit analysis is grotesque when applied to a war; Stiglitz and Bilmes started it, and we must count this type of thing if we want to imagine what we could have spent &#8220;the money&#8221; on if not for the war; clearly any money spent saving sodiers&#8217; lives after they are wounded is worth it no matter what this type of analysis says.) &#8211; The war has contributed to higher oil prices, resulting in some reduction in greenhouse gas emissions, and likely spurring some additional R&#038;D that will contribute to our post-oil future. &#8211; Some of the U.S. government spending on the war and its aftermath will come from taxes that would otherwise have been spent on positional goods by rich American individuals; such positional goods also have zero social value.</p>
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		<title>By: The War in Iraq: A Waste of Precious Resources &#171; The Good Democrat</title>
		<link>http://crookedtimber.org/2008/02/28/stiglitz-on-the-financial-cost-of-iraq/comment-page-1/#comment-230719</link>
		<dc:creator>The War in Iraq: A Waste of Precious Resources &#171; The Good Democrat</dc:creator>
		<pubDate>Mon, 03 Mar 2008 14:38:01 +0000</pubDate>
		<guid isPermaLink="false">http://crookedtimber.org/2008/02/28/stiglitz-on-the-financial-cost-of-iraq/#comment-230719</guid>
		<description>[...] and a tragic loss of precious, valuable resources, both human and other. One writer has estimated that the war will cost $3 trillion dollars. Over at Crooked Timber, Daniel puts it in perspective:  * The cost of the Iraq War could have [...]</description>
		<content:encoded><![CDATA[	<p>[...] and a tragic loss of precious, valuable resources, both human and other. One writer has estimated that the war will cost $3 trillion dollars. Over at Crooked Timber, Daniel puts it in perspective:  * The cost of the Iraq War could have [...]</p>
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		<title>By: TheIrie</title>
		<link>http://crookedtimber.org/2008/02/28/stiglitz-on-the-financial-cost-of-iraq/comment-page-1/#comment-230716</link>
		<dc:creator>TheIrie</dc:creator>
		<pubDate>Mon, 03 Mar 2008 09:25:59 +0000</pubDate>
		<guid isPermaLink="false">http://crookedtimber.org/2008/02/28/stiglitz-on-the-financial-cost-of-iraq/#comment-230716</guid>
		<description>More on this story &lt;a href=&quot;http://www.democracynow.org/2008/2/29/exclusive_the_three_trillion_dollar_war&quot; rel=&quot;nofollow&quot;&gt;here&lt;/a&gt;. Interesting statistic - The US has now spent three times per Iraqi what they spent per European on the Marshall Plan. Obviously, to far less effect. If anyone is still interested in the largely forgotten war in Iraq, &lt;a href=&quot;http://www.juancole.com/&quot; rel=&quot;nofollow&quot;&gt;721 people&lt;/a&gt;, including 636 civilians, were killed last month. Still a complete hell disaster there. Anyway, whats on TV tonight. 

Also, looks like the cost of getting the Palestinian&#039;s to &quot;slope off and stop bothering the Israelis&quot; is getting cheaper by the day, as they are slaughtered. At least this killing isn&#039;t being completely ignored however. Well, not everywhere, anyway.</description>
		<content:encoded><![CDATA[	<p>More on this story <a href="http://www.democracynow.org/2008/2/29/exclusive_the_three_trillion_dollar_war" rel="nofollow">here</a>. Interesting statistic &#8211; The US has now spent three times per Iraqi what they spent per European on the Marshall Plan. Obviously, to far less effect. If anyone is still interested in the largely forgotten war in Iraq, <a href="http://www.juancole.com/" rel="nofollow">721 people</a>, including 636 civilians, were killed last month. Still a complete hell disaster there. Anyway, whats on TV tonight.</p>

	<p>Also, looks like the cost of getting the Palestinian&#8217;s to &#8220;slope off and stop bothering the Israelis&#8221; is getting cheaper by the day, as they are slaughtered. At least this killing isn&#8217;t being completely ignored however. Well, not everywhere, anyway.</p>
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		<title>By: King Edward</title>
		<link>http://crookedtimber.org/2008/02/28/stiglitz-on-the-financial-cost-of-iraq/comment-page-1/#comment-230649</link>
		<dc:creator>King Edward</dc:creator>
		<pubDate>Sun, 02 Mar 2008 17:20:28 +0000</pubDate>
		<guid isPermaLink="false">http://crookedtimber.org/2008/02/28/stiglitz-on-the-financial-cost-of-iraq/#comment-230649</guid>
		<description>Regarding Otto, Abb1, et al., what is curious about this imaginary alternative expenditure to either buy the Palestinians out so they can leave the area to the Israelis (Jews only, I suppose), or to pay off the West Bank settlers/colonists to leave that area to the Palestinians, is that no one has asked the question, &quot;Why should the US even contemplate giving cash settlements to either side?&quot;  Israel has said they would consider reparations when there is a responsible negotiating party to deal with, and then working very hard to make sure no Palestinian group ever meets their criteria.  And though we caused most of this mess by arming one side to the teeth, it would be too much to ask that we buy out either side, however fanciful the notion is.  
Though Judaism has been around longer than Islam, that doesn&#039;t mean that other peoples weren&#039;t occupying the same areas contemporaneously, and mostly at peace, for at least 4,000 years, before Abraham, in fact.  I hesitate to call them Arabs, though, more like competing wandering tribes.  And what about the Egyptians? 

Lest anyone accuse me of anti-semitism, note that I favor a one-state system, with no laws respecting any religion, except to ban amplified muezzins,sharia and orthodox laws, including burkas, hibjabs, headscarves, purdah, and the like. Fat chance.</description>
		<content:encoded><![CDATA[	<p>Regarding Otto, Abb1, et al., what is curious about this imaginary alternative expenditure to either buy the Palestinians out so they can leave the area to the Israelis (Jews only, I suppose), or to pay off the West Bank settlers/colonists to leave that area to the Palestinians, is that no one has asked the question, &#8220;Why should the US even contemplate giving cash settlements to either side?&#8221;  Israel has said they would consider reparations when there is a responsible negotiating party to deal with, and then working very hard to make sure no Palestinian group ever meets their criteria.  And though we caused most of this mess by arming one side to the teeth, it would be too much to ask that we buy out either side, however fanciful the notion is.<br />
Though Judaism has been around longer than Islam, that doesn&#8217;t mean that other peoples weren&#8217;t occupying the same areas contemporaneously, and mostly at peace, for at least 4,000 years, before Abraham, in fact.  I hesitate to call them Arabs, though, more like competing wandering tribes.  And what about the Egyptians?</p>

	<p>Lest anyone accuse me of anti-semitism, note that I favor a one-state system, with no laws respecting any religion, except to ban amplified muezzins,sharia and orthodox laws, including burkas, hibjabs, headscarves, purdah, and the like. Fat chance.</p>
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		<title>By: Tim Worstall</title>
		<link>http://crookedtimber.org/2008/02/28/stiglitz-on-the-financial-cost-of-iraq/comment-page-1/#comment-230638</link>
		<dc:creator>Tim Worstall</dc:creator>
		<pubDate>Sun, 02 Mar 2008 10:45:55 +0000</pubDate>
		<guid isPermaLink="false">http://crookedtimber.org/2008/02/28/stiglitz-on-the-financial-cost-of-iraq/#comment-230638</guid>
		<description>&quot;I’m a little worried that this was asked and not really answered. The answer is that it is enormously greater.&quot;

You might be right, but I&#039;m not sure about &quot;enormously&quot;. Medicaid is a roughly $300 billion a year program.
(http://en.wikipedia.org/wiki/Medicaid)
And Medicaid appears to be some 50% of total welfare spending.
(http://encarta.msn.com/media_461520381/u_s_welfare_spending.html)
I wouldn&#039;t want to try and have to stand behind those numbers, they&#039;re just the product of a couple of minutes googling.
But at $600 billion a year over five years, looks like the welfare spending is comparable to, rather than &quot;enormously&quot; lower than the $3 trillion cost of the war.</description>
		<content:encoded><![CDATA[	<p>&#8220;I&#8217;m a little worried that this was asked and not really answered. The answer is that it is enormously greater.&#8221;</p>

	<p>You might be right, but I&#8217;m not sure about &#8220;enormously&#8221;. Medicaid is a roughly $300 billion a year program.<br />
(<a href="http://en.wikipedia.org/wiki/Medicaid" rel="nofollow">http://en.wikipedia.org/wiki/Medicaid</a>)<br />
And Medicaid appears to be some 50% of total welfare spending.<br />
(<a href="http://encarta.msn.com/media_461520381/u_s_welfare_spending.html" rel="nofollow">http://encarta.msn.com/media_461520381/u_s_welfare_spending.html</a>)<br />
I wouldn&#8217;t want to try and have to stand behind those numbers, they&#8217;re just the product of a couple of minutes googling.<br />
But at $600 billion a year over five years, looks like the welfare spending is comparable to, rather than &#8220;enormously&#8221; lower than the $3 trillion cost of the war.</p>
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		<title>By: Crooked Timber &#187; &#187; A lot or a little, part 2</title>
		<link>http://crookedtimber.org/2008/02/28/stiglitz-on-the-financial-cost-of-iraq/comment-page-1/#comment-230631</link>
		<dc:creator>Crooked Timber &#187; &#187; A lot or a little, part 2</dc:creator>
		<pubDate>Sun, 02 Mar 2008 09:02:36 +0000</pubDate>
		<guid isPermaLink="false">http://crookedtimber.org/2008/02/28/stiglitz-on-the-financial-cost-of-iraq/#comment-230631</guid>
		<description>[...] Daniel&#8217;s post on Stiglitz and the cost of the Iraq war reminded me to get going on one I&#8217;ve had planned for some time, as a follow-up to this one where I pointed out that the $50 billion in aid given to Africa over the past fifty years or so is not, as is usually implied, a very large sum, but rather a pitifully small one, when considered in relation to the number of people involved, and the time over which the aggregate is taken. [...]</description>
		<content:encoded><![CDATA[	<p>[...] Daniel&#8217;s post on Stiglitz and the cost of the Iraq war reminded me to get going on one I&#8217;ve had planned for some time, as a follow-up to this one where I pointed out that the $50 billion in aid given to Africa over the past fifty years or so is not, as is usually implied, a very large sum, but rather a pitifully small one, when considered in relation to the number of people involved, and the time over which the aggregate is taken. [...]</p>
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		<title>By: luci</title>
		<link>http://crookedtimber.org/2008/02/28/stiglitz-on-the-financial-cost-of-iraq/comment-page-1/#comment-230619</link>
		<dc:creator>luci</dc:creator>
		<pubDate>Sun, 02 Mar 2008 06:44:15 +0000</pubDate>
		<guid isPermaLink="false">http://crookedtimber.org/2008/02/28/stiglitz-on-the-financial-cost-of-iraq/#comment-230619</guid>
		<description>The 700 billion or so already spent in Iraq is enough to give every family there around $100,000 US. 

I think we should spend that much, right now in restitution. Plus another trillion for relocating (ethnic cleansing) the population into three states.

(Although 3 trillion sounds too high. Dunno how Mr. Stiglitz arrived at it but I think you should discount future costs VERY heavily, more than some cost-of-money-interest-rate adjustment, to reflect the uncertainty of the current course compared to the costs of counterfactual histories (i.e., we don&#039;t invade, but things still suck).</description>
		<content:encoded><![CDATA[	<p>The 700 billion or so already spent in Iraq is enough to give every family there around $100,000 US.</p>

	<p>I think we should spend that much, right now in restitution. Plus another trillion for relocating (ethnic cleansing) the population into three states.</p>

	<p>(Although 3 trillion sounds too high. Dunno how Mr. Stiglitz arrived at it but I think you should discount future costs <span class="caps">VERY</span> heavily, more than some cost-of-money-interest-rate adjustment, to reflect the uncertainty of the current course compared to the costs of counterfactual histories (i.e., we don&#8217;t invade, but things still suck).</p>
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		<title>By: Lord Acton</title>
		<link>http://crookedtimber.org/2008/02/28/stiglitz-on-the-financial-cost-of-iraq/comment-page-1/#comment-230581</link>
		<dc:creator>Lord Acton</dc:creator>
		<pubDate>Sun, 02 Mar 2008 03:44:39 +0000</pubDate>
		<guid isPermaLink="false">http://crookedtimber.org/2008/02/28/stiglitz-on-the-financial-cost-of-iraq/#comment-230581</guid>
		<description>abb1:

&quot;I’d like your fill all the intermediate steps in your deduction&quot;

I know it will become a shock to you and most 
of the readers of this blog but there has been a continual Jewish presence in the area for far longer than there has even been a Muslim religion.

The term &quot;Jewish colonists&quot; was first used by 
the Muslim fanatics who, eventually, verbally 
supported those who considered Jews as &quot;life unworthy of life&quot;.

And, in point of fact, they so supported that 
point of view that they volunteered by the thousands to join units formed specifically to liquidate &quot;unter-Menschen&quot;.

Otto is one the one who used that term. His 
professed point of view, then, is that Jews 
are only allowed to live in certain &quot;designated&quot;
areas. 

Which means to him that Jews cannot be considered
full &quot;Human beings&quot; because they do not have full human rights. 

Because they are unworthy of life, Otto would
somehow magically transport all the Jews in Palestine - whatever their origin - to another
place.

His plan sounds eerily familiar to something that
happened in the first half of the last century.
You may want to see if there is about it here on
the internets.</description>
		<content:encoded><![CDATA[	<p>abb1:</p>

	<p>&#8220;I&#8217;d like your fill all the intermediate steps in your deduction&#8221;</p>

	<p>I know it will become a shock to you and most<br />
of the readers of this blog but there has been a continual Jewish presence in the area for far longer than there has even been a Muslim religion.</p>

	<p>The term &#8220;Jewish colonists&#8221; was first used by<br />
the Muslim fanatics who, eventually, verbally<br />
supported those who considered Jews as &#8220;life unworthy of life&#8221;.</p>

	<p>And, in point of fact, they so supported that<br />
point of view that they volunteered by the thousands to join units formed specifically to liquidate &#8220;unter-Menschen&#8221;.</p>

	<p>Otto is one the one who used that term. His<br />
professed point of view, then, is that Jews<br />
are only allowed to live in certain &#8220;designated&#8221;<br />
areas.</p>

	<p>Which means to him that Jews cannot be considered<br />
full &#8220;Human beings&#8221; because they do not have full human rights.</p>

	<p>Because they are unworthy of life, Otto would<br />
somehow magically transport all the Jews in Palestine &#8211; whatever their origin &#8211; to another<br />
place.</p>

	<p>His plan sounds eerily familiar to something that<br />
happened in the first half of the last century.<br />
You may want to see if there is about it here on<br />
the internets.</p>
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		<title>By: abb1</title>
		<link>http://crookedtimber.org/2008/02/28/stiglitz-on-the-financial-cost-of-iraq/comment-page-1/#comment-230497</link>
		<dc:creator>abb1</dc:creator>
		<pubDate>Sat, 01 Mar 2008 11:09:28 +0000</pubDate>
		<guid isPermaLink="false">http://crookedtimber.org/2008/02/28/stiglitz-on-the-financial-cost-of-iraq/#comment-230497</guid>
		<description>@33: Hmm, how does his saying
&lt;blockquote&gt;
Or – more sensibly – it would have funded a considerable payoff to the Jewish colonists in Palestine to slope off to the US or Europe and stop ‘bothering’ the native arab population.
&lt;/blockquote&gt;
translate into &quot;850,000 Jews who were ethnically cleansed from Arab countries ... are life unworthy of life&quot;? I&#039;d like your fill all the intermediate steps in your deduction, just outta curiosity. Thanks, man.</description>
		<content:encoded><![CDATA[	<p>@33: Hmm, how does his saying<br />
<blockquote><br />
Or &#8211; more sensibly &#8211; it would have funded a considerable payoff to the Jewish colonists in Palestine to slope off to the US or Europe and stop &#8216;bothering&#8217; the native arab population.<br />
</blockquote><br />
translate into &#8220;850,000 Jews who were ethnically cleansed from Arab countries &#8230; are life unworthy of life&#8221;? I&#8217;d like your fill all the intermediate steps in your deduction, just outta curiosity. Thanks, man.</p>
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		<title>By: Lord Acton</title>
		<link>http://crookedtimber.org/2008/02/28/stiglitz-on-the-financial-cost-of-iraq/comment-page-1/#comment-230487</link>
		<dc:creator>Lord Acton</dc:creator>
		<pubDate>Sat, 01 Mar 2008 04:31:34 +0000</pubDate>
		<guid isPermaLink="false">http://crookedtimber.org/2008/02/28/stiglitz-on-the-financial-cost-of-iraq/#comment-230487</guid>
		<description>Otto:

Shame about those 850,000 Jews who were ethnically cleansed from Arab countries. As far you you are concerned they are life unworthy of life.

You are a sick, Jew hating fuck.</description>
		<content:encoded><![CDATA[	<p>Otto:</p>

	<p>Shame about those 850,000 Jews who were ethnically cleansed from Arab countries. As far you you are concerned they are life unworthy of life.</p>

	<p>You are a sick, Jew hating fuck.</p>
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		<title>By: Scott Hughes</title>
		<link>http://crookedtimber.org/2008/02/28/stiglitz-on-the-financial-cost-of-iraq/comment-page-1/#comment-230475</link>
		<dc:creator>Scott Hughes</dc:creator>
		<pubDate>Sat, 01 Mar 2008 02:35:34 +0000</pubDate>
		<guid isPermaLink="false">http://crookedtimber.org/2008/02/28/stiglitz-on-the-financial-cost-of-iraq/#comment-230475</guid>
		<description>The Iraq War is a terrible waste of money. The closest thing to a justification for it is a support for military welfare--but the right is supposed to be against welfare.</description>
		<content:encoded><![CDATA[	<p>The Iraq War is a terrible waste of money. The closest thing to a justification for it is a support for military welfare&#8212;but the right is supposed to be against welfare.</p>
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		<title>By: Great Zamfir</title>
		<link>http://crookedtimber.org/2008/02/28/stiglitz-on-the-financial-cost-of-iraq/comment-page-1/#comment-230325</link>
		<dc:creator>Great Zamfir</dc:creator>
		<pubDate>Fri, 29 Feb 2008 10:03:15 +0000</pubDate>
		<guid isPermaLink="false">http://crookedtimber.org/2008/02/28/stiglitz-on-the-financial-cost-of-iraq/#comment-230325</guid>
		<description>I am still a bit unclear about the main parts of this $3 trillion figure. The interviews mention unaccounted and future costs, such as medical costs, but also effects of the higher oil price. 

If most of the &#039;extra&#039; cost comes from the first, this is a relatively sound figure I guess. But if most of it comes the second, it will rely heavily on the part of the higher cost attributed to the war, the estimates of its cost to the economy, etc. It would make the number a lot less comparable to the direct costs of building houses or paying teachers.</description>
		<content:encoded><![CDATA[	<p>I am still a bit unclear about the main parts of this $3 trillion figure. The interviews mention unaccounted and future costs, such as medical costs, but also effects of the higher oil price.</p>

	<p>If most of the &#8216;extra&#8217; cost comes from the first, this is a relatively sound figure I guess. But if most of it comes the second, it will rely heavily on the part of the higher cost attributed to the war, the estimates of its cost to the economy, etc. It would make the number a lot less comparable to the direct costs of building houses or paying teachers.</p>
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		<title>By: ajay</title>
		<link>http://crookedtimber.org/2008/02/28/stiglitz-on-the-financial-cost-of-iraq/comment-page-1/#comment-230323</link>
		<dc:creator>ajay</dc:creator>
		<pubDate>Fri, 29 Feb 2008 09:55:18 +0000</pubDate>
		<guid isPermaLink="false">http://crookedtimber.org/2008/02/28/stiglitz-on-the-financial-cost-of-iraq/#comment-230323</guid>
		<description>23: Oh, yes, easily. A budget for a manned Mars mission is around $100-200 billion. That&#039;s to put four people on the surface for nine months. If you&#039;re buying in bulk, the trip cost should go way down - since much of it is R&amp;D and so on anyway. 

I would love to hear a speech that hammers on the cost issue. It&#039;s $10 billion a month, for pete&#039;s sake. Some politician should be able to stand up and say &quot;Here&#039;s what I&#039;d do once we were out of Iraq. January - everyone gets a $150 check in the mail. February - $10 billion into food for impoverished children. March - another check! April - $10 billion research into alternative energy to make us oil-independent. May...&quot; and so on.</description>
		<content:encoded><![CDATA[	<p>23: Oh, yes, easily. A budget for a manned Mars mission is around $100-200 billion. That&#8217;s to put four people on the surface for nine months. If you&#8217;re buying in bulk, the trip cost should go way down &#8211; since much of it is R&#038;D and so on anyway.</p>

	<p>I would love to hear a speech that hammers on the cost issue. It&#8217;s $10 billion a month, for pete&#8217;s sake. Some politician should be able to stand up and say &#8220;Here&#8217;s what I&#8217;d do once we were out of Iraq. January &#8211; everyone gets a $150 check in the mail. February &#8211; $10 billion into food for impoverished children. March &#8211; another check! April &#8211; $10 billion research into alternative energy to make us oil-independent. May&#8230;&#8221; and so on.</p>
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