On 9/16/02, White House economic advisor Lawrence Lindsay estimated the Iraq war would cost between $100 billion and $200 billion.
After that, Defense Secretary Donald Rumsfeld relied on Daniels’s estimate.
Yesterday, the Bush administration announced it would ask Congress to approve about $80 billion in extra defense spending this year, most of it for operations in Iraq. That will bump the overall cost of the war above $180 billion.
So, Lindsay was right and Daniels was wrong. Where are they now?
Lindsay? He was fired a long time ago.