Price Tag of War in Iraq: 3 Trillion Dollars

Three Trillion Dollars!! And that's just how much the war in Iraq has cost thus far. That figure does not at all factor in the next hundred years of funding the occupation. That is how long the United States is going to be there, correct?

In a new book, "The Three Trillion Dollar War," Nobel Laureate Joseph Stiglitz and Harvard Economist Linda Bilmes conservatively estimate that the decision to invade Iraq after the attacks of 9/11 have placed immense strain on the U.S. economy, one that is not likely to lessen anytime soon.

Stiglitz, a former World Band chief economist and his co-author have indicted the Bush administration of deliberately "low-balling" cost estimates and keeping a second, secret set of documents from the American public. Read more at democracynow.org and leave a comment for discussion right here at Wax Politic.