Discussion will include: "What drastic U.S. budget cuts will remain with us for many years? Are there ways that some of these war-related costs could be reduced, such as having UN or Arab League troops try to bring peace to Iraq?"
The forum will take place Feb. 22 at noon in the Frankenfeld A & B rooms of the Coyote Student Center on the campus of USD in Vermillion.
Panelists include Dr. Mahdy Elhossiny and Dr. Ray Ring, both economic professors at USD's School of Business, and Dr. Don Pryce, professor of history. Dr. Benno Wymar, professor of economics at USD, will moderate the panel.�
Columbia University Professor Joseph Stiglitz, recipient of the 2001 Nobel Prize of Economics, and Harvard budget expert Linda Bilmes recently reported that the real cost to the U.S. of the Iraq war could go as high as $2 trillion, including much higher oil prices being paid.
The panel will discuss whether or not they are right and if this would explain why drastic U.S. budget cuts will remain with us for many years. The panel will also touch on ways that some of these war related costs could be reduced, such as having UN or Arab League troops try to bring peace to Iraq. The forum is sponsored by The University of South Dakota's School of Business.