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Cost of War at Least $3.7 Trillion and Counting
Key Excerpts from Article on Website of New York Times
Posted: July 5th, 2011
http://www.nytimes.com/reuters/2011/06/29/us/politics/politi...
When President Barack Obama cited cost as a reason to bring troops home from Afghanistan, he referred to a $1 trillion price tag for America's wars. Staggering as it is, that figure grossly underestimates the total cost of wars in Iraq, Afghanistan and Pakistan to the U.S. Treasury and ignores more imposing costs yet to come, according to a study released on [June 29]. The final bill will run at least $3.7 trillion and could reach as high as $4.4 trillion, according to the research project "Costs of War" by Brown University's Watson Institute for International Studies. In the 10 years since U.S. troops went into Afghanistan ... spending on the conflicts totaled $2.3 trillion to $2.7 trillion. Those numbers will continue to soar when considering often overlooked costs such as long-term obligations to wounded veterans and projected war spending from 2012 through 2020. The estimates do not include at least $1 trillion more in interest payments coming due. In human terms, 224,000 to 258,000 people have died directly from warfare, including 125,000 civilians in Iraq. Many more have died indirectly, from the loss of clean drinking water, healthcare, and nutrition. An additional 365,000 have been wounded and 7.8 million people -- equal to the combined population of Connecticut and Kentucky -- have been displaced. In one sense, the report measures the cost of 9/11. What followed were three wars in which $50 billion amounts to a rounding error. For every person killed on September 11, another 73 have been killed since.
Note: To watch a video of WantToKnow team member Dr. David Ray Griffin's explanation that the war in Afghanistan was not justified by the 9/11 attacks, click here. For lots more from reliable sources on the US/NATO wars of aggression, click here.