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Blinken Is No Marshall

World leaders are discussing Ukraine reconstruction costs as the war rages. The question is how much taxpayers will have to pledge before the leaders consider pursuing peace.

Photo by DREW ANGERER/POOL/AFP via Getty Images

In Berlin this week, German Chancellor Olaf Scholz and European Commission President Ursula von der Leyen hosted European leaders for a conference to rebuild Ukraine.

Ukraine estimates that the cost of reconstruction is $750 billion. The World Bank estimates about half that, at $350 billion. One would expect the two estimates to be close, ahead of an important conference. But these days, rational questioning is perceived as anti-Ukraine, so no one in the media pointed it out.

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TIPP Indexes Methodology

TIPP Indexes Methodology

The RealClearMarkets/TIPP Economic Optimism Index is the earliest take on consumer confidence each month and predicts with high reliability monthly changes in sentiment in well-known polls by The Conference Board and the University of Michigan. Began in February 2001, the Indices were developed by TIPP for its media partners

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