Is the Iraq war a relative bargain?
After four years, America’s cost for the war in Iraq has reached nearly $500 billion — more than the total for the Korean War and nearly as much as 12 years in Vietnam, adjusting for inflation. The ultimate cost could reach $1 trillion or more. A lot of money? No question. But even though the war has turned out to be much more expensive than Bush administration officials predicted on the eve of the March 2003 invasion, it is relatively affordable — at least in historical terms. The problem, however, isn’t so much the overall cost of the Iraq war. It’s the way the government has chosen to pay for it. Full Story