by John Hawkins | January 25, 2006 7:14 am
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.
This content was used with the permission of Mark in Mexico.
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