Iraq War will Surpass Vietnam in Cost
Among the many similarities between Iraq and Vietnam Wars is the cost:
It's a far cry from what the Bush gang originally said the war would cost:
Tax dollars down the drain:
Putting the cost in perspective:
..."we're easily headed toward $600 billion." That would top the $536 billion cost of Vietnam in today's dollars. World War II cost an inflation-adjusted $3.6 trillion.
It's a far cry from what the Bush gang originally said the war would cost:
Before the Iraq war began in 2003, the Bush administration estimated its cost at $50 billion to $60 billion, though White House economic adviser Lawrence Lindsey had suggested in 2002 that it could cost as much as $200 billion.
Tax dollars down the drain:
The Pentagon is considering $127 billion to $160 billion in requests from the armed services for the 2007 fiscal year, which began last month, several lawmakers and congressional staff members said. That's on top of $70 billion already approved for 2007.
Putting the cost in perspective:
The new request being considered for the war on terror would be about one-fourth what the government spends annually on Social Security — and 10 times what it spends on its space program.