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By the end of the Bush administration, the United States had spent nearly $3 trillion on the war in Afghanistan and Iraq, according to the estimates of Linda Bilmes and Joseph Stiglitz. This was staggering. But as the wars were being pursued, the American public did not realize their true cost because the Bush administration More

The post The Trillion Dollar War: the Economics of Overextension appeared first on CounterPunch.org.


This content originally appeared on CounterPunch.org and was authored by Walden Bello.

Citations

[1] The Trillion Dollar War: the Economics of Overextension - CounterPunch.org ➤ https://www.counterpunch.org/2021/06/15/the-trillion-dollar-war-the-economics-of-overextension/[2] The Trillion Dollar War: the Economics of Overextension - CounterPunch.org ➤ https://www.counterpunch.org/2021/06/15/the-trillion-dollar-war-the-economics-of-overextension/[3] Home - CounterPunch.org ➤ https://www.counterpunch.org/