12/21/07

Iraq, Afghanistan War Costs Top Vietnam

December 21, 2007
Iraq, Afghanistan War Costs Top Vietnam
by Aaron Glantz

Congress' approval Wednesday of $70 billion more for the wars in Iraq and Afghanistan mean the twin conflicts are now more costly to American taxpayers than the war in Vietnam.

According to a study by the Washington-based Center for Arms Control and Non-Proliferation, Congress has now approved nearly $700 billion for the wars in Iraq and Afghanistan.

"Using inflation-adjusted dollars, the total cost of those wars has now surpassed the total cost of the Vietnam war (which ran to $670 billion)," the group's Travis Sharp told OneWorld. "It's also more than seven times larger than the Persian Gulf War ($94 billion) and more than twice the cost of the Korean war ($295 billion)."

As a result of Wednesday's vote, Sharp said, the wars in Iraq and Afghanistan will become the second costliest conflict in American history, trailing only World War II.

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punditman says...And all signs are that it is full speed ahead. Wait till the cost of these two quagmires eclipses Dubya Dubya Two (WW II) - pun intended.