Joseph Stiglitz Quotes About War

Quotes about: War

The budgetary cost to the UK of the wars in Iraq and Afghanistan through 2010 will total more than £18 billion. If we include the social costs the total impact will exceed £20 billion.

Joseph Stiglitz

War, Impact, Iraq
The only people benefiting in Iraq war are George Bush's Jr. friends in the oil industry. He has done the American economy and the global economy an enormous disfavor, but his Texan friends couldn't be happier.

Joseph Stiglitz

War, Oil, Iraq

Source: www.spiegel.de
The country has large unfunded liabilities - social security, health care, and there will have to be some adjustments to these problems. What is scary though is how much worse things have gotten in the last eight years, and the Iraq war is one of the main factors.

Joseph Stiglitz

Country, War, Scary

Source: www.washingtonpost.com
For 60 years, since World War II, we have been trying to create a rules-based system, a global economic system. We understand that what makes our economy function is what we call the rule of law, and what is true domestically is also true internationally. It is important to have rules by which we govern our relations with other countries.

Joseph Stiglitz

Country, War, Important

Source: www.truth-out.org
World War II was really unusual, because America was in the Great Depression before. So the war did help the US economy to get securely out of this decline. This time, the war [in Iraq] is bad for the economy in both the short and long run. We could have spent trillions in research or education instead. This would have led to future productivity increases.

Joseph Stiglitz

Running, War, Iraq

Source: www.spiegel.de
The national debt will have increased by approximately 50% in just eight years! We will have created a new unfunded entitlement - disability and health care benefits for the huge number of disabled veterans returning from the Iraq war.

Joseph Stiglitz

War, Care, Veteran

Source: www.washingtonpost.com
We are helping the people that [George W.]Bush says are evil. Teheran couldn't be happier about the high oil prices resulting from the Iraq war.

Joseph Stiglitz

War, Oil, Iraq

Source: www.spiegel.de
In fact, for just about 1/6 of the cost of an Iraq War, we could have put the social security system on sound financial footings for the next 50 to 75 years. The problems can be managed - but not if we continue to fight this war for another 80 years.

Joseph Stiglitz

War, Fighting, Financial

Source: www.washingtonpost.com
Even if Bush could be forgiven for taking America, and much of the rest of the world, to war on false pretenses, and for misrepresenting the cost of the venture, there is no excuse for how he chose to finance it. His was the first war in history paid for entirely on credit. As America went into battle, with deficits already soaring from his 2001 tax cut, Bush decided to plunge ahead with yet another round of tax "relief" for the wealthy.

Joseph Stiglitz

War, Cutting, America

"The True Cost of 9/11" by Joseph Stiglitz, www.slate.com. September 1, 2011.
As a rich country, we can, in some sense, "afford" the war. But spending money on the war means that we are not spending money on other things that we could have spent the money on.

Joseph Stiglitz

Country, War, Mean

Source: www.washingtonpost.com
Wall Street banks have used the same tactic that Bush used in the war on terror - fear - and they've basically said that if you don't do what we tell you, the sky will fall. If you don't do what we tell you, it will be the end of capitalism as we know it. The failure of Lehman Brothers lent some credence to those fears.

Joseph Stiglitz

Brother, Wall, War

Interview with Amitabh Pal, www.sharedhost.progressive.org. May 27, 2011.
One of the real costs of the war is that our security is actually less than it otherwise would have been - ironic, since enhancing security was one of the reasons for going to war. Our armed forces have been depleted - we have been wearing out equipment and using up munitions faster than we have been replacing them; the armed forces face difficult problems in recruitment -by any objective measures,including those used by the armed forces, quality has deteriorated significantly.

Joseph Stiglitz

Real, War, Ironic

Source: www.washingtonpost.com
I'm writing from New Zealand - a country that decided from the beginning that the War was wrong, and chose not to participate in Iraq War.

Joseph Stiglitz

Country, War, Writing

Source: www.washingtonpost.com
Fortunately, America remains a robust democracy, where most individuals are not afraid to speak out. What we have done in Iraq has, however, compromised out standing as an advocate of basic human rights - the prime minister of one country responding to criticism of America for its human rights put it, it was liking having Dracula guard the blood bank. The loss of America's moral standing has been one of the great losses of this war.

Joseph Stiglitz

Country, War, Loss

Source: www.washingtonpost.com
Most people think the Iraq war has increased the probability of an attack. However, it's difficult to put this aspect into financial terms.

Joseph Stiglitz

War, Thinking, Iraq

Source: www.spiegel.de
There is a clear and strong link between the economy's present woes and the Iraq war. The war was at least one of the factors contributing to rising oil prices - which meant Americans were spending money on imported oil, rather than on things that would stimulate the american economy. Hiring Nepalese contractors in Iraq, moreover, doesn't stimulate the American economy in the way that building a school in America would do - and obviously doesn't have the long term benefits.

Joseph Stiglitz

Strong, War, School

Source: www.washingtonpost.com
I find it scandalous not only that there was so little discussion of the costs of the Iraq war before we went to war - this was, after all, a war of choice - but even five years into the war, the Administration has not provided a comprehensive accounting of the war.

Joseph Stiglitz

War, Choices, Iraq War

Source: www.washingtonpost.com
For instance, one of the costs of the war is that soldiers today get very seriously injured but stay alive, and we can keep them alive but at an enormous price.

Joseph Stiglitz

War, Soldier, Cost

Source: www.spiegel.de
The war in Iraq has been very, very expensive - partly because the Administration tried to keep the apparent costs down. But the benefits have been elusive at best - partly because the ostensible reasons for going war were unconnected with reality - no weapons of mass destruction, no connections with 9/11.

Joseph Stiglitz

War, Reality, Reason

Source: www.washingtonpost.com
This Iraq war has been the most "privatized" war in America's history. It has seen the most extensive use of contractors. The contractors have increased the costs; but they have been necessary - the military simply could not have done it on their own. we would have had to increase the size of the military. But the George W. Bush Administration wanted America to believe that it could have a war, essentially for free, without raising taxes, without increasing the size of the armed forces.

Joseph Stiglitz

Military, War, Believe

Source: www.washingtonpost.com

You May Also Like:

John Maynard Keynes

Bruce Greenwald

Yanis Varoufakis

Joseph Stiglitz

Follow

Born: February 9, 1943
Occupation: Economist
Cite this Page: Citation

Popular Topics