Iraq More Expensive than Vietnam

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According to the Washington Post, Bush will ask Congress today for a quarter of a trillion dollars in additional funding to cover the cost of fighting in Iraq and Afghanistan. The president wants $100 billion added to the $70 billion already allotted for this year, and $145 billion for next.

As the costs in Iraq spiral upward, once provocatively high estimates of the Iraq War’s costs—like the one [PDF] offered late last year by Nobel Laureate Economist Joseph Stiglitz and Harvard’s Linda Bilmes, which predicted the war would cost more than a trillion dollars—are beginning to look too conservative.

WaPo notes:

The new war spending would bring the overall cost of fighting to about $745 billion since the Sept. 11, 2001, terrorist attacks on the United States — adjusting for inflation, more than was spent on the Vietnam War.

And don’t forget that what Congress earmarks for Iraq and Afghanistan only reflects a fraction of the wars’ true economic burden. (See an article Stiglitz and Bilmes’ penned for the Milken Insitute Review explaining their assessment of the future and human costs of the Iraq war broken down, as best they can be, into dollar and cents).

–Koshlan Mayer-Blackwell

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SIX TRUTHS

Reclaiming power from those who abuse it often starts with telling the truth. And in "This Is How Authoritarians Get Defeated," MoJo's Monika Bauerlein unpacks six truths to remember during the homestretch of an election where democracy, truth, and decency are on the line.

Truth #1: The chaos is the point.

Truth #2: Team Reality is bigger than it seems.

Truth #3: Facebook owns this.

Truth #4: When we go to work, we're in the fight.

Truth #5: It's about minority rule.

Truth #6: The only thing that can save us is…us.

Please take a moment to see how all these truths add up, because what happens in the weeks and months ahead will reverberate for at least a generation and we better be prepared.

And if you think journalism like Mother Jones'—that calls it like it is, that will never acquiesce to power, that looks where others don't—can help guide us through this historic, high-stakes moment, and you're able to right now, please help us reach our $350,000 goal by October 31 with a donation today. It's all hands on deck for democracy.

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