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White House Smears Nobel Economist: ‘Lacks Courage’

thinkprogress.org — "People like Joe Stiglitz lack the courage to consider the cost of doing nothing and the cost of failure. One can’t even begin to put a price tag on the cost to this nation of the attacks of 9/11," said W.H. spokesman Tony Fratto, conceding that the costs of the war on terrorism are high while questioning the premise of Stiglitz's research.

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  • Kent4jmj, on 02/28/2008, -4/+16 Joseph Stiglitz and Linda Bilmes argue that President Bush massively understated the cost of the Iraq and Afghanistan wars. Combined with interest on debt, future borrowing, cost of continued military presence, and veterans health care, they estimate a potential cost of up to $5 to $7 trillion.
    Is he right or not????
    He got it right and Bush got it wrong. Who said it was going to be a cake walk?
  • inactive, on 02/28/2008, -3/+11FTA: "One can ’t even begin to put a price tag on the cost to this nation of the attacks of 9/11," said W.H. spokesman Tony Fratto"

    WTF does 9-11 have to do with Iraq? Iraq didn't attack the USA. We invaded them.
  • toddcat, on 02/28/2008, -3/+11Yeah, the man who dodged Vietnam, who lives off terrorizing the American people and the people of the world, and who lives to demean those who disagree with him, is brave. Riiiiiiiiight.
  • inactive, on 02/28/2008, -3/+9Rumsfeld predicted that the war would last, and I quote, ``six days, six weeks. I doubt 6 months.''

    Your tired lies are falling apart, son.
  • Kent4jmj, on 02/28/2008, -5/+10To say the cake walk only concerned the invasion and not the whole mission seems disengenuous.
    The fact still remains we were led to believe it would be no big deal. It is a big deal and the strain on our economy is undeniable.
  • jlhoben, on 02/29/2008, -0/+4Only people with IQ's of 80 or less think Bush and the neocons have it right.
  • inactive, on 02/28/2008, -3/+6I think that they did.
    And if they hadn't, wasn't it infered Thomas?
    Didn't they say that this would cost 20 or 30 billion?
  • duggreen, on 02/29/2008, -0/+3Unfortunately, he has quite a following of equally fearful, unpatriotic pinheads.
  • Terr01, on 02/28/2008, -3/+6True: "Cake walk" specifically referred to "invasion and liberation". But it should be obvious that everything including the reconstruction time and costs were lowballed.

    Cheney, almost four years ago: "Two days ahead of schedule, the world witnessed the arrival of a free and sovereign Iraq".

    So we're waiting for what, then?
  • morningmatters, on 02/29/2008, -0/+3Ah, the GOP is not only attacking the messenger but confusing Americans as well. One has to wonder just how did so many Americans actually came to believe that Iraq did 9/11, and it's through this type of info misdirection propagated by the likes of FOXNEWS.
  • EllieElliott, on 02/29/2008, -3/+6we know who lacks courage, that would be GWB
  • inactive, on 02/28/2008, -11/+6stiglitz is the one who got us in this mess with his Keynesian nonsense:

    http://www.mises.org/story/971

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