White House economist Larry Lindsey was fired from the Bush Administration for saying back in 2003 that the costs of the war in Iraq might reach $200 billion.  The architect of the war within the Bush Administration, then deputy secretary of defense Paul Wolfowitz, said at the time that Iraq could finance its own reconstruction.  Now, the British newspaper the Guardian is quoting Joseph Stiglitz, a Columbia University economist who won a Nobel prize for economics as saying that "the real cost to the US of the Iraq war is likely to be between $1 trillion and $2 trillion dollars."  The study by Stiglitz and Linda Bilmes assumes that the US will be involved in Iraq for another ten years.  So far, the cost of the war has been well above the $200 billion figure mentioned by Lindsey back in 2003.

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