Jerry Bowyer of NRO compares the cost of the Iraq war to date with this handy chart of the costs of America's previous wars as a percent of GDP.
The chart was prepared by Robert Whaples, professor of economics at Wake Forest University. Bowyer then calculates the cost of the Iraq war as a percentage of America's GDP and finds it to be the second cheapest war we've ever fought -- 2% GDP cost-to-date versus 1% GDP for the 1st Iraq war. You remember that one - the one we didn't finish.
TAGS: Jerry Bowyer, NRO, Iraq War, cost of war, GDP