THE COST OF THE WAR….Milton Friedman said that borrowing and taxing were the same thing. With that in mind, here’s the tax bill bequeathed to all of us by George Bush:
The economic costs to the United States of the wars in Iraq and Afghanistan so far total approximately $1.5 trillion, according to a new study by congressional Democrats….[The] report, titled “The Hidden Costs of the Iraq War,” estimates that the wars in Iraq and Afghanistan have thus far cost the average U.S. family of four more than $20,000.
Are we getting our money’s worth?