Thursday, February 28, 2008

$3 trillion and growing

Joseph Stiglitz, Nobel laureate, has increased his estimate of the ultimate cost of our wars in Iraq and Afghanistan to $3 trillion. Wasn't this supposed to be a self-financing war?

Since many of these are future costs (e.g., taking care of our veterans), shouldn't we be worrying even more about our economic future as we seem to be ignoring the coming cataclysm with Social Security and Medicare? It is selfish to say it - but I'm glad I'm old and won't be around when these disasters strike.

It would be refreshing if one of the people striving to lead this country would give their views as to what we should do today to minimize the problems of tomorrow.

2 comments:

Flimsy Sanity said...

Are you planning on dying very soon? Economic collapse is pretty near, I think. In the last depression, many people lived in rural areas and subsistence living was a possibility.

Flimsy Sanity said...

Me again. The authors of this book were interviewed on Democracy Now. Really interesting I thought.