OBL and economic illiteracy

A great line from one of the posters at InstaPundit about Osama bin Laden?s odd suggestion, in his Kerry endorsement last weekend, that the Islamists are destroying America?s economy through military expenditures:

Iraq and Afghanistan together have cost us less than $300 billion, including the money Bush is going to ask for next year. In the same period, the US economy will have grossed about 36 trillion dollars, meaning that the war will have cost us less than 1% of our income.

If Osama really wants to gut the US budget, he’s going to need to try something more drastic, like opening up a chain of Medicare clinics. His efforts so far haven’t even done that much damage to the deficit, much less the US economy.

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