Cost of the Iraq War
“The Trillion Dollar War-And Counting” was part of the program “America’s Second-Longest War: Taking Stock” held by the Carnegie Endowment for International Peace on the tenth anniversary of the start of the war in Iraq.
Linda Bilmes spoke about the costs of the war in Iraq, which she projected to reach $5 trillion. Those projections exceed the original figures in her book The Three Trillion Dollar War, which she co-authored with economist Joseph Stiglitz in 2008. She outlined the various sorts of expenditures, including rising veterans benefits, and criticized the government for lack of proper war accounting. She theorized that the war triggered Federal Reserve decisions that contributed to the financial crisis of 2008. She responded to questions from the audience.
“The Trillion Dollar War-And Counting” was part of the program “America’s Second-Longest War: Taking Stock” held by the Carnegie Endowment for International Peace on the tenth anniversary of the start of the war in Iraq. close
People in this video
Linda J. Bilmes Senior Lecturer Harvard University->Kennedy (J.F.) School of Government
Marwan Mu'Asher Vice President Carnegie Endowment for International Peace->Studies
Joseph E. Stiglitz Professor Columbia University->Finance and Economics Division
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- Carnegie Endowment for International PeaceCarnegie Endowment for International Peace
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