economic mismanagement

Conservative Rule Costs U.S. $27 trillion

Is there a way to actually place a dollar amount on how much conservative rule has cost America? Stirling Newberry has offered a “back of the envelope” estimate of the costs of four consequences of conservative rule the past 28 years:

over-financialization of the American economy, the waste of privatized health care, over militarization of the American economy, and the externalization of global warming.

The total cost of conservative rule, in today’s dollars, is a staggering $27 trillion, nearly twice the total output of the entire U.S. economy for an entire year.