The US federal government has spent $6.5 TRILLION on wars in Iraq and Afghanistan
Heidi Peltier, Director of the “20 Years of War” Project at Boston University’s Pardee Center for the Study of the Longer-Range Future, calculated in January 2020, that the United States Federal Government has spent $6.5 TRILLION on wars in Iraq and Afghanistan.
Says Ms. Peltier:
Throughout the 18 years the U.S. has been engaged in the “Global War on Terror,” mainly in Iraq and Afghanistan, the government has financed this war by borrowing funds rather than through alternative means such as raising taxes or issuing war bonds. Thus, the costs of the post-9/11 wars include not only the expenses incurred for operations, equipment, and personnel, but also the interest costs on this debt. Since 2001 these interest payments have been growing, resulting in more and more taxpayer dollars being wasted on interest payments rather than being channeled to more productive uses. This paper calculates that the debt incurred for $2 trillion in direct war-related spending by the Department of Defense and State Department has already resulted in cumulative interest payments of $925 billion. Even if military interventions ceased immediately, interest payments would continue to rise, and will grow further as the U.S. continues its current military operations…….
If war spending ceased immediately, interest payments on the $2 trillion of existing war debt would rise to over $2 trillion by 2030 and to $6.5 trillion by 2050.
$6.5 Trillion on the war on terror but refusing to identify the source of this terror?
Was it because America’s leadership became conditioned by global jihad not to offend Islam? Fear of being accused of “Islamophobia”?
Lives have been lost, men and women lost limbs, money was wasted. All because America’s leadership: academia, politicians, military, and ministers, have collectively been refusing to identify the source of this evil that has been plaguing the world since it’s inception in the 7th century – Islam.
You can read the rest of Heidi Peltier’s report here.
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