We’ve already addressed Jospesh Stiglitz and his claims that the Iraq war will cost $3 trillion (except when it costs $5 trillion) a number of times. But now that he is getting air time in front of Congress others are also documenting how far fetched his claims really are. From New York Sun’s Christopher Wilcox: The intellectual dishonesty of this book can be most clearly seen, however, in its discussion of general American defense spending. The authors note that defense expenditures have been “rising rapidly as a share of GDP …
During Gen. David Petraeus’ testimony this week, the anti-war movement tried their best to exaggerate the costs of security in Iraq. They trotted out Joseph Stiglitz who peddled admittedly inaccurate war cost estimates topping out at $5 trillion (or $3 trillion or $2 trillion … depending on how Stiglitz was feeling that day). Completely ignored by the MoveOn.org crowd are both the costs of leaving Saddam Hussein’s murderous regime in power and the potential costs of a rapid withdrawal along the lines promised by Barack Obama. Looking back, a 2006 …
The more things change, the more they stay the same. The last time Gen. Davis Petraeus testified MoveOn.org tried to discredit the war effort by taking out a full-page ad in the New York Times labeling Petraeus “General Betray Us” that claimed he was lying about the levels of violence in Iraq. Seven months later it is now clear who had a better grasp on reality: From June 2007 through February 2008, deaths from ethno-sectarian violence in Baghdad have fallen approximately 90%. American casualties have also fallen sharply, down by …
In coordination with MoveOn.org and other anti-war activists who are mounting a $20 million ad campaign to tie the war in Iraq to the slowing U.S. economy, Columbia University professor Joseph Stiglitz has authored a book pegging the cost of the Iraq war at $3 trillion. This is up from his 2006 estimate that the war would cost between $1 trillion to $2 trillion. But Stiglitz also told Bloomberg Radio this month, “It’s much more like $5 trillion. … We were trying to make Americans understand how expensive this war …
