Remember back in 2002 when President Bush allegedly canned his chief economic advisor, Larry Lindsey, for saying that the wars in Iraq and Afghanistan could cost more than $100 billion? Well, it turns out Bush was right to fire him because his estimates were way off! So far the cost of the wars to U.S. taxpayers is nearly $3 trillion—a figure that could double in the future as the associated legacy costs (e.g., veteran healthcare benefits) mount.  

And it can't all be blamed on President Bush, because President Obama hasn't been the tightwad peacenik that the military interventionists claim. According to a story in yesterday's Financial Times, the war in Afghanistan has cost $1 trillion thus far and roughly 80 percent of that total was spent under the administration our Nobel Peace Prize winning president. From the article: