National Press Club

The Economic Impact of Going to War with Iraq

I want to begin with two caveats. The first is that if attacking Iraq clearly fell into the category of a just war, we should of course spend whatever it would take to wage it. Providing for the common defense is our government’s first mandate. But by my reckoning our government has not remotely made the case that this would in fact be a just war. I’ll just mention quickly a couple of reasons, which the president’s speech yesterday at the UN did not change.

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