OT: predictions of Inflation Post Vietnam Style and Iraq Parallel come true

[bsrsharma]

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

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