
In the days before the war, the Pentagon estimated that the war in Iraq would cost about $50 billion. White House economic advisor Lawrence Lindsey predicted that the cost could go as high as $200 billion, and President Bush fired him for saying so.
But those predictions were off the mark by an incredible degree. The direct costs of the war are more than $300 million a day, an eventual total of $700 billion. Including indirect costs, the total price tag could be higher than $2 trillion.
In contrast, treating all unmanaged heart disease and diabetes in the United States would probably cost about $50 billion a year, and universal preschool would be $35 billion.