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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsEndless Wars Have Cost Americans $1.6 Trillion, Report Finds
Endless Wars Have Cost Americans $1.6 Trillion, Report Finds
12/23/14
Post-9/11 military operations are second only to World War II in terms of financial costand 'the costs go on.'
As some analysts point out, that's more money than the U.S. spent on the Korean War, the Vietnam War, and the Persian Gulf War of 1990-1991 all rolled into one.
According to International Business Times, "the $1.6 trillion estimate, which comes to $14 million per hour since 9/11...is up roughly half a trillion dollars from its 2010 estimate, which found that the post-9/11 military operations are second only to World War II in terms of financial cost."
Of the $1.6 trillion total, CRS specialist Amy Belasco estimates that the funding breaks down as such:
$686 billion (43%) for Operation Enduring Freedom (Afghanistan);
$815 billion (51%) for Operation Iraqi Freedom/Operation New Dawn (Iraq);
$27 billion (2%) for Operation Noble Eagle (providing enhanced security at military bases and military operations related to homeland security);
$81 billion (5%) for war-designated funding not considered directly related to the Afghanistan or Iraq wars.
...To curtail costs moving forward, the CRS analysis recommends: "Congress may wish to consider ways to restrict war-funding to exclude activities marginally related to war operations and support, and to limit the use of ground troops in Operation Inherent Resolve," referring to the U.S. military intervention against the Islamic State, or ISIS.
Writing at the Federation of American Scientists blogwhere the report was first postedSteven Aftergood says: "Ideally, the record compiled in the 100-page CRS report would serve as the basis for a comprehensive assessment of U.S. military spending since 9/11:
To what extent was the expenditure of $1.6 trillion in this way justified? How much of it actually achieved its intended purpose? How much could have been better spent in other ways?"
The Human Cost of War Exhibition at a downtown mall in Charlottesville, Virginia. (Photo: Bob Mical/flickr/cc)
http://www.commondreams.org/news/2014/12/23/endless-wars-have-cost-americans-16-trillion-report-finds
12/23/14
Post-9/11 military operations are second only to World War II in terms of financial costand 'the costs go on.'
As some analysts point out, that's more money than the U.S. spent on the Korean War, the Vietnam War, and the Persian Gulf War of 1990-1991 all rolled into one.
According to International Business Times, "the $1.6 trillion estimate, which comes to $14 million per hour since 9/11...is up roughly half a trillion dollars from its 2010 estimate, which found that the post-9/11 military operations are second only to World War II in terms of financial cost."
Of the $1.6 trillion total, CRS specialist Amy Belasco estimates that the funding breaks down as such:
$686 billion (43%) for Operation Enduring Freedom (Afghanistan);
$815 billion (51%) for Operation Iraqi Freedom/Operation New Dawn (Iraq);
$27 billion (2%) for Operation Noble Eagle (providing enhanced security at military bases and military operations related to homeland security);
$81 billion (5%) for war-designated funding not considered directly related to the Afghanistan or Iraq wars.
...To curtail costs moving forward, the CRS analysis recommends: "Congress may wish to consider ways to restrict war-funding to exclude activities marginally related to war operations and support, and to limit the use of ground troops in Operation Inherent Resolve," referring to the U.S. military intervention against the Islamic State, or ISIS.
Writing at the Federation of American Scientists blogwhere the report was first postedSteven Aftergood says: "Ideally, the record compiled in the 100-page CRS report would serve as the basis for a comprehensive assessment of U.S. military spending since 9/11:
To what extent was the expenditure of $1.6 trillion in this way justified? How much of it actually achieved its intended purpose? How much could have been better spent in other ways?"
The Human Cost of War Exhibition at a downtown mall in Charlottesville, Virginia. (Photo: Bob Mical/flickr/cc)
http://www.commondreams.org/news/2014/12/23/endless-wars-have-cost-americans-16-trillion-report-finds
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Endless Wars Have Cost Americans $1.6 Trillion, Report Finds (Original Post)
RiverLover
Dec 2014
OP
annominous
(68 posts)1. Halliburton, Raytheon, Academi (Xe), Johns Hopkins U!, U Tx System!
War Corp are doing great!
http://en.wikipedia dot org/wiki/List_of_United_States_defense_contractors
newfie11
(8,159 posts)2. Meanwhile
We have homeless in America and we've devastated multiple countries.
And no end in site!