Article: STIGLITZ GETS THE MATH ALL WRONG.(Editorial)

Byline: AMITY SHLAESSYNDICATED COLUMNIST

Three trillion dollars is the amount Nobel Prize winner Joseph Stiglitz puts as the cost of the Iraq war. In a new book the economist argues that the Bush administration has underestimated outlays for the war by hundreds of billions.

"The Three Trillion Dollar War" is a valuable reminder that wars usually cost more than budget figures suggest. Still, Stiglitz and his co-author are off the mark when it comes to their larger charge that this conflict is necessarily darkening the future.

Stiglitz and Linda Bilmes start with legitimate points. The first is that the administration hasn't done a good job with numbers. In the ...

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