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Iraq war’s total cost nearing Vietnam’s price tag
http://ap.google.com/article/ALeqM5ihrXXebCc-1ukON23aArsxLrveNwD9256EK80
Here are the report’s estimated costs of major wars, in 2008 dollars, and their costs as a percentage of GDP in each of their peak years:
American Revolution: $1.8 billion; GDP figure not available
War of 1812: $1.2 billion; 2.2 percent
Civil War, Union: $45.2 billion; 11.3 percent
Civil War, Confederacy: $15.2 billion; GDP figure not available
World War I: $253 billion; 13.6 percent
World War II: $4.1 trillion; 35.8 percent
Korean War: $320 billion; 4.2 percent
Vietnam War: $686 billion; 2.3 percent
Gulf War: $96 billion; 0.3 percent
Iraq war: $648 billion; 1 percent
Afghanstian/Global war on terror: $171 billion; 0.3 percent
Post 9/11 domestic security: $33 billion; 0.1 percent
Post 9/11 operations: $859 billion; 1.2 percent On the Net:
* Congressional Research Service: http://www.crs.gov
