Officially Disastrous Cost of the Iraqi Conflict

Congressional Budget Office – July 2007 Testimony on the Costs of the Military Conflict in Iraq (pdf)

It was quite a few months ago when I began composing this post, and it seems as if the journalism community has finally caught on to the fact that the Congressional Budget Office’s phenomenal economic forecasts of the past two years have declared the Iraqi war an economic disaster. In fact, mainstream reporting on the costs of the military conflict in Iraq has been so abysmal that I am utterly shocked that somebody at Reuters finally bothered to look at numbers that are available to everyone through the CBO web site, and that somebody at Yahoo! had the good sense to put the bleeding obvious on the front page.

What will journalists read next? Perhaps, that Clinton’s economic policies succeeded and Bush’s policies failed, as demonstrated in this budget projection (read chapter 1)?

It is true that the information age is here, and that most information is available to anyone anywhere. Nevertheless, it is also clear that mainstream news sources have gone out of their way to make themselves irrelevant. After all, it has taken them an entire year to report number that have been publicly available all along.

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