Showing posts with label cost of war. Show all posts
Showing posts with label cost of war. Show all posts

Friday, August 6, 2010

Doug Casey on War

Louis James interviews Doug Casey

L: Nothing like a good war to distract people from their own misery – and their own responsibility for their individual circumstances.

Doug: That's right, at least until their house gets blown up or their son gets killed. Nothing like a good foreign war against an invariably evil and subhuman enemy to distract people from local problems. And, of course, there are actually fools out there that believe war stimulates economies.

L: Yes… Can't tell you how many times I've heard that WWII ended the Great Depression – they told me so in school, so it must be so. Alas, the dumb masses.

source

Saturday, February 2, 2008

Cost of War: New Updated Data

HISTORICAL COSTS OF U.S. WARS (In 2007 Dollars)

World War II $3.2 trillion
Iraq and Afghanistan To Date $695.7 billion
Vietnam War $670 billion
World War I $364 billion
Korean War $295 billion
Persian Gulf War $94 billion
Civil War (both Union and Confederate costs) $81 billion
Spanish-American War $7 billion
American Revolution $4 billion
Mexican War $2 billion
War of 1812 $1 billion

Source: Congressional Research Service and Office of Management and Budget data.


Click here for more info.
I would have that the Civil War would have been higher on the list.