Word: price
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...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...
...trillion estimate is not without its critics, including University of Chicago economist Steven J. Davis. In an interview, he rejected the claim that the war caused a five to ten dollar per barrel increase in oil prices, citing evidence to the contrary from historical price shocks such as the first Gulf War and the Iran-Iraq...
...These are, like, respectable Muslim women—why do they want to clean your house?” Mustafa said. “And they say, ‘We’ll clean your house for a cheap price.’ They’ll emphasize “your,” and you’d be like...
...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...
...enter the sixth year of combat, Harvard students should realize that each month we continue in Iraq will eventually cost them $25 billion. The question is whether today’s young people are willing to bear that price...