“We are talking at least between one and two trillion dollars now. To put that into perspective, cialis President Bush went to the American people at the beginning of his second term, saying that we have a major crisis with our Social Security system. For somewhere between a half and quarter of the cost of the war in Iraq you could have fixed all the problems associated with Social Security for the next 75 years and still have had a lot left over. Put in another way: We are now spending something like $10 billion a month—$120 billion dollars a year—on Iraq. The amount the entire world gives in foreign aid, on an annual basis, is about half that.”
Read the rest of the Mother Jones interview with Joe Stiglitz HERE.
Filed under: Political priorities