War Cost: $12B per Month

March 10, 2008

 

(ABC News) The flow of blood may be ebbing, but the flood of money into the Iraq war is steadily rising, new analyses show. In 2008, its sixth year, the war will cost approximately $12 billion a month, triple the "burn" rate of its earliest years, Nobel Prize-winning economist Joseph E. Stiglitz and co-author Linda J. Bilmes report in a new book.

No wonder why America is on financial crisis right now. The country spends much on the the warfare rather than on the country’s economic gains. Well, if this circumstances will continue, surely USA would be in great trouble.

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