Word: trillionâ
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...that the American people don't fully appreciate the costs?human or economic?of the Iraq war. A new paper by Harvard budget expert Linda Bilmes and Nobel-prizewinning Columbia economist Joseph Stiglitz may help address that. It claims that the final cost to the U.S. could be $2 trillion???10 times as high as the worst-case scenario of $200 billion suggested by a White House official before...
...greatest construction boom in history, and the topping off is not in sight. Since World War II, building has become the nation's second largest industry (food production is first). It has accounted for about 10% of the gross national product, created new structures valued at $1 trillion???and that's a 13-figure number. In the past decade, Houston, for instance, has packed 17 major new structures into a 20-square-block area. Los Angeles has overcome its earthquake fears and built 107 high-rise office buildings. Denver has put up one new office building per year, while Manhattan...
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