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Ever wonder what the true cost of this War on Iraq is?
January 11, 2005 5:55 PM

Over at EnergyBulletin.net, they have re-printed an article that appeared in the New York Times back on October 24, 2004. In this article, two economists, Warwick McKibbin of the Brookings Institution and Andrew Stoeckel of the Center for International Economics in Australia, contend that the true cost of the war up until then was $150 billion in lost gross domestic product. Instead of growing 3.7 percent, the economy could have grown 4.7 percent without this needless war.

Furthermore, they predict the cost of the war, were it to last 10 years, at a whopping $1.9 trillion! Unbelievable...

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