Monday, January 23, 2006

Keep the change

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.

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