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The American Empire in a Changing World



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Wednesday, June 29, 2011

'Price of U.S. wars: $4.4 trillion?'

this country is run by war mongers and sociopaths............from politico.........

"The final bill for U.S. military involvement in Iraq, Afghanistan and Pakistan could be as high as $4.4 trillion, according to a comprehensive new report Tuesday.

In the 10 years since American troops were sent into Afghanistan, the federal government has already spent between $2.3 trillion and $2.7 trillion, say the authors of the study by Brown University’s Watson Institute for International Studies.

The report calculates not only direct spending on the conflicts but also the long-term costs of caring for wounded veterans and projected war spending from 2012 to 2020.

At a minimum, say the authors of the study, the final cost for these military engagements will be $3.7 trillion. But the report also points out that their estimates do not include at least $1 trillion more in interest payments and other costs that cannot yet be quantified. Indeed, the report criticized the U.S. Congress and the Pentagon for poor accounting"..............READ MORE


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