Thursday, March 22, 2018

The $ cost of the US wars

March marked the 15th anniversary of the 2003 U.S.-led invasion of Iraq.

According to estimates by the Costs of War project at Brown University’s Watson Institute for International and Public Affairs, the war on terror has cost Americans a staggering $5.6 trillion since 2001, when the U.S. invaded Afghanistan.
$5.6 trillion. 

This figure includes not just the Pentagon’s war fund, but also future obligations such as social services for an ever-growing number of post-9/11 veterans.

It’s hard for most of us to even begin to grasp such an enormous number.

It means Americans spend $32 million per hour, according to a counter by the National Priorities Project at the Institute for Policy Studies.

Put another way: Since 2001, every American taxpayer has spent almost $24,000 on the wars — equal to the average down payment on a house, a new Honda Accord, or a year at a public university.

The cost and toll on human lives and the misery it has caused is perhaps incalculable.


No comments: