Thursday, October 18, 2007

Economist in 2003 predicted Iraq war cost $2Trillion/$75 oil

Duration: 07:39 minutes
Upload Time: 2007-08-01 17:58:50
User: BI30
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Description:

In this March 5, 2003 broadcast, two weeks before the invasion of Iraq, Yale economist William Nordhaus was ridiculed for predicting a war with Iraq might cost as much as $750 Billion in war costs, $2 Trillion in economic costs, create $75 a barrel oil and $3 a gallon gas. And in all this, he still didn't count military rehab or increased domestic security costs, so even HIS estimate was low!

Comments

VEXOTRON2012 ::: Favorites
dam someone needs to help the usa pleas.we don't have that many pepole that know how this realy effects us.ther is alot more than what u see here
07-10-15 14:31:03
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Garbage101 ::: Favorites
B1 visa's are Business visitor Visa's (visiting visas for investors) your referring to H1 visa's(the visa that allows the immigrant to work in the US)! This is pricisely why we need immigrants from all over the world because dipshits like you are not qualified to work and fail do not understand simple things.
07-09-26 13:46:19
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wmbdm ::: Favorites
Not too worry about the Debt once the United states Privatizes Iraq's oil,President Bush told Iraq's Parliament they have till May 31,to pass a,Law,that would give Multinational Companies unprecedented control over Iraq's Oil!So Basically,Soldiers will come home when Iraq's oil is Privatized !
07-09-22 00:27:10
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KoroOutbreak ::: Favorites
Notice that there aren't any war supporters posting comments here...
07-09-16 08:40:10
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VicDeHaven ::: Favorites
Actually, if the Industrial Military complex could be stopped cold in it's tracks, we could probably go back to having single income families, free health care, no income tax, and still payoff our huge national debt. How could we afford all that you ask? Well we already pay a boatload of taxes through other venues that we aren't normally privy to.
07-09-09 16:11:26
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aljewsdie ::: Favorites
all that money could have ended third would poverty and made the u.s.a a few friends in the world,instead of loads of enimies
07-09-06 01:58:50
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jamie6754 ::: Favorites
America's Total Debt Report $ 48 Trillion - - and soaring
07-08-29 06:56:22
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plasmatv ::: Favorites
$500,000,000,000 and counting. Our infrastructure, across USA are falling apart. Schools are falling apart..Oh, wait. We could just keep issuing B1 Visas to Indians, to come work for us. Don't even get started on Health Care!
07-08-25 03:11:17
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AliensExist51 ::: Favorites
this war is just another Vietnam. NICE JOB, BUSH ADMINISTRATION! WE CAN ALWAYS COUNT ON YOU TO SCREW THINGS UP!
07-08-24 13:12:38
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AliensExist51 ::: Favorites
:45 to :59-- 'this war will be swift'. yeah, ok. Nice job Bush Administation. You got us in a real catch 22--a really bad situation--this time. This waar is just another Vietnam.
07-08-24 13:09:56
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