Wednesday, July 8, 2009

Adding Up the True Costs of Two Wars

Adding Up the True Costs of Two Wars by Joseph Stiglitz & Linda Bilmes

"This wartime spending undoubtedly has been a major contributor to our present economic collapse. The U.S. has waged an expensive war as if it required little or no economic sacrifice, funding the conflict by massive borrowing. As we've observed in the past, you can't spend $3 trillion on a reckless foreign war and not feel the pain at home."

A Quagmire for Obama by Derrick Z. Jackson

"But questions are emerging as to whether Obama is slipping slowly into his own quagmire, in another guerrilla war"


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