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Dates: during 2000-2009
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...months leading up to the invasion of Iraq, Bush administration officials estimated the war’s price tag at as much as $200 billion—a figure officials quickly disputed as “too high...

Author: By Athena Y. Jiang, CRIMSON STAFF WRITER | Title: Billing a War | 3/18/2008 | See Source »

...Bilmes argues in her new book “The Three Trillion Dollar War,” with economist and Nobel laureate Joseph E. Stiglitz, this price tag does not take into account the long-term and macroeconomic costs of the war. Her estimate includes decades of future veterans’ compensation payouts; oil price hikes as a result of supply disruption; and the loss not only to families but to the economy when productive Americans are injured or die young...

Author: By Athena Y. Jiang, CRIMSON STAFF WRITER | Title: Billing a War | 3/18/2008 | See Source »

...Taken together, these hidden costs to the federal government are likely to amount to nearly $3 trillion in today’s money. Who will pay this enormous price tag? Because all the money spent has been borrowed, most of the costs have been deferred. Students who have paid too little attention today are going to wake up in a few years to find their tax rates hiked or their government entitlements curbed as the full price of what we have done is presented by our creditors overseas...

Author: By Linda J. Bilmes, CRIMSON STAFF WRITER | Title: The Cost of War | 3/18/2008 | See Source »

...know would have done absolutely incredible things. And I'll think about them every day for the rest of my life. In fact, I had one friend who was killed a month before he was supposed to go home to get married. How do you put a price tag on that level of sacrifice? How do you quantify that? You can't. So that begs the question, do you have to continue to sacrifice because of that? Does that require everyone else to continue to sacrifice to meet that commitment, or does that make...

Author: /time Magazine | Title: Sean Walsh — Army Lieutenant in Baghdad | 3/18/2008 | See Source »

Caldeira modeled the effects on climate that Crutzen's notion of spreading sulfur particles into the air would have and found that geoengineering might be able to compensate for a doubling of the concentration of carbon dioxide in the atmosphere. Even more impressive was the price tag: somewhere between a few hundred million dollars and a couple of billion dollars a year, compared with the unknowable cost of decarbonizing the entire world. But the drawbacks are serious. Worsening air pollution is a risk. We'd have to keep geoengineering indefinitely to balance out continued greenhouse-gas emissions, and the motivation...

Author: /time Magazine | Title: Geoengineering | 3/12/2008 | See Source »

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