The WWII cost has been estimated to be about five trillion dollars, most of it borrowed dollars (bonds). The war debt exceeded the GDP, the current debt has yet to exceed the GDP.
Its important to keep in mind that we have a far larger economy now than we had in 1945. The skyrocketing debt after Clinton has been the result of irresponsible management of the country by our government. Free-market ideology and endless wars is destroying our country.
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"Man's capacity for justice makes democracy possible; but man's inclination to injustice makes democracy necessary." R.N.
Last edited by randolph; 04-18-2011 at 11:57 PM.
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