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US Cost of War at Least $3.7 Trillion and Counting

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G_j Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-29-11 09:49 AM
Original message
US Cost of War at Least $3.7 Trillion and Counting
Edited on Wed Jun-29-11 10:07 AM by G_j
oops this is a dupe, but a fact worth repeating, it has to stop, but it ain't gonna.. :mad:

http://www.commondreams.org/headline/2011/06/29-0

Published on Wednesday, June 29, 2011 by Reuters

US Cost of War at Least $3.7 Trillion and Counting
by Daniel Trotta

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 Wednesday.

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 to root out the al Qaeda leaders behind the September 11, 2001, attacks, 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 and many billions more in expenses that cannot be counted, according to the study.

..more..
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classysassy Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-29-11 11:41 AM
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1.  Bring back the draft and watch the wars for profit end.
the rich criminals(war profiteers) will not let their brats put their spoiled asses in harms way.
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slipslidingaway Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-29-11 05:19 PM
Response to Original message
2. knr ...
now we need to look at entitlement spending to bring down the deficit.

:(



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ej510 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-29-11 05:32 PM
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3. War is too profitable.
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