Billmon: Cheaper By the Dozen

Actually, it's more like the old joke about government contracting: Why buy one when you can get two for three times the price?

Except this is no joke.

Projected Iraq War Costs Soar

The cost of the war in Iraq will reach $320 billion after the expected passage next month of an emergency spending bill currently before the Senate, and that total is likely to more than double before the war ends, the Congressional Research Service estimated this week . . .

When factoring in costs of the war in Afghanistan, the $811 billion total for both wars would have far exceeded the inflation-adjusted $549 billion cost of the Vietnam War.

I guess we can only give thanks that the casualty count (on both sides) hasn't matched the "inflation-adjusted" total for Vietnam -- yet.