[lbo-talk] war costs: over $700b

Doug Henwood dhenwood at panix.com
Mon Feb 11 14:19:54 PST 2008


On Feb 11, 2008, at 5:09 PM, Carrol Cox wrote:


> Doug Henwood wrote:
>>
>> [Larry Lindsey got fired for saying that the Iraq war would cost
>> $100b. He was wrong - it's costing many times that! - it works out to
>> $6,500 per household so far (assuming the 2008 request is honored)]
>
> Who is Larry Lindsay and from what job did he get fired?

He was Bush's top economic advisor in 2001-2002. In a September 2002 interview with the WSJ, he said that the Iraq war would cost up to $200 billion, an impertinence for which he was fired, and replace with a pliant hack from Goldman Sachs. At the time, the Bush admin was saying the cost of the war would be no more than $50-60 billion.

Doug



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