Thursday, January 17, 2008

I guess that estimate was a little bit off

Back when Petraeus was wowing our representatives with his testimony, the statement was made by Petraeus and company that Iraq was getting its act together and by July 15 had spent 24% of the funds we had given them for reconstruction.

Well, the GAO tried to verify this number. They really can't as the official Iraqi records show that only 4% of the budget had been spent as of August.

I can understand the need to make estimates if the data is not available. My question is whether the audience knew how that the numbers were estimated and how they were derived.

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