KopfShuss Wrote:
Oct 12, 2012 1:24 AM
Over a 50-year period, that comes to $80 billion annually. Near the start of the war, the U.S. Defense Department estimated the war would cost $50 billion to $80 billion. White House economic adviser Lawrence Lindsey was dismissed in 2002 after suggesting the price of invading and occupying Iraq could reach $200 billion. “The direct costs for the war were about $800 billion, but the indirect costs, the costs you can’t easily see, that payoff will outlast you and me,” said Lawrence Korb, a senior fellow at American Progress, a Washington, D.C. think tank, and a former assistant secretary of defense under Ronald Reagan.