THE WISDOM FUND: News & Views
August 17, 2007
The Nation

The Enormous Cost of War

Katrina Vanden Heuvel

The National Priorities Project (NPP), a research organization that analyzes and clarifies federal data so that people can understand how their tax dollars are spent, continues to be an invaluable resource when it comes to translating the costs of the Iraq War.

$456 billion has now been appropriated for the war through September 30, and that's a difficult number to get a handle on. But as I've written previously, NPP spells out exactly what every state and district has paid towards this catastrophe and describes the spending priorities that could have been met with those same resources.

For example, $456 billion could have provided over 48 million children with health care coverage for the length of the War; built 3.5 million affordable housing units; 45,800 elementary schools; hired 8 million additional public school teachers for a year; paid for nearly 60 million kids to attend Head Start; or awarded 22 million 4-year scholarships at public universities. Instead, we find our nation speeding towards what Nobel Prize-winning economist Joseph Stiglitz estimated as a final price tag - somewhere between $1 trillion and $2 trillion [between $3333 and $6666 for each U.S citizen]. . . .

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Smedley Butler, "'War is a Racket'," 1933

VIDEO: John Pilger, "Paying The Price: Killing The Children Of Iraq," ITV, March 6, 2000

"War Has Cost 655,000 Iraqi Lives," The Wisdom Fund, July 9, 2003

Peter Beaumont and Joanna Walters, "Greenspan admits Iraq was about oil, as deaths put at 1.2m," Guardian, September 16, 2007

[So we are speaking of some 1.2 million people who have been killed in this way, and that does not count the numbers that were killed during the invasion itself for the crime of having attempted to oppose invading foreign troops, or the 500,000 children and old people killed by the US-UN anti-civilian sanctions in the 10 previous years.

It was the US that turned this country into a killing field. Why won't we face this? Why won't we take responsibility? The reason has to do with this mysterious thing called nationalism, which makes an ideological religion of the nation's wars. We are god-like liberators. They are devil-like terrorists. No amount of data or contrary information seems to make a dent in this irreligious faith.--Llewellyn H. Rockwell, Jr., "None Dare Call It Genocide," lewrockwell.com, September 18, 2007]

Editorial: "Civil liberties under threat: The real price of freedom," Economist, September 20, 2007

[The money spent on one day of the Iraq war could buy homes for almost 6,500 families or health care for 423,529 children, or could outfit 1.27 million homes with renewable electricity, according to the American Friends Service Committee, which displayed those statistics on large banners in cities nationwide Thursday and Friday.

The war is costing $720 million a day or $500,000 a minute, according to the group's analysis of the work of Nobel Prize-winning economist Joseph E. Stiglitz and Harvard public finance lecturer Linda J. Bilmes.--Kari Lydersen, "War Costing $720 Million Each Day, Group Says," Washington Post, September 22, 2007]

[The administration showed its cards on Wednesday when it asked Congress for an additional $42.3 billion in "emergency" funding for Iraq and Afghanistan. This comes on top of the original 2008 spending request, which was made before Mr. Bush announced his so-called "new strategy" of partial withdrawal. It would bring the 2008 war bill to nearly $190 billion, the largest single-year total for the wars and an increase of 15 percent from 2007.

And here are a few more facts to put the voracious war machine in context: By year's end, the cost for both conflicts since Sept. 11, 2001, is projected to reach more than $800 billion. Iraq alone has cost the United States more in inflation-adjusted dollars than the Gulf War and the Korean War and will probably surpass the Vietnam War by the end of next year, according to the nonpartisan Center for Strategic and Budgetary Assessments.--Editorial: "Runaway (Spending) Train," New York Times, September 28, 2007]

Jeff Donn and Kimberly Hefling, "Wounded vets from Iraq, and families, now suffer economically; 185,000 seek help so far," Associated Press, September 29, 2007

[The wars in Iraq and Afghanistan could cost as much as $2.4 trillion through the next decade, the nonpartisan Congressional Budget Office said Wednesday. The White House brushed off the analysis as "speculation."--Anne Flaherty, "Wars May Cost $2.4 Trillion Over Decade," Associated Press, October 24, 2007]

[What would this money have bought if we had spent it on other things? U.S. aid to all of Africa has been hovering around $5 billion a year, the equivalent of less than two weeks of direct Iraq-war expenditures. The president made a big deal out of the financial problems facing Social Security, but the system could have been repaired for a century with what we have bled into the sands of Iraq. Had even a fraction of that $2 trillion been spent on investments in education and technology, or improving our infrastructure, the country would be in a far better position economically to meet the challenges it faces in the future, including threats from abroad. For a sliver of that $2 trillion we could have provided guaranteed access to higher education for all qualified Americans. . . .

Some portion of the damage done by the Bush administration could be rectified quickly. A large portion will take decades to fix - and that's assuming the political will to do so exists both in the White House and in Congress. Think of the interest we are paying, year after year, on the almost $4 trillion of increased debt burden - even at 5 percent, that's an annual payment of $200 billion, two Iraq wars a year forever. Think of the taxes that future governments will have to levy to repay even a fraction of the debt we have accumulated. And think of the widening divide between rich and poor in America, a phenomenon that goes beyond economics and speaks to the very future of the American Dream.--Joseph E. Stiglitz, "The Economic Consequences of Mr. Bush," Vanity Fair, December, 2007]

William E. Odom, "The war and the recession: a connection?," Nieman Watchdog, February 14, 2008

Joseph Stiglitz and Linda Bilmes, "The three trillion dollar war," Times, February 23, 2008

VIDEO: "The Three Trillion Dollar War," democracynow.org, February 29, 2008

Erik Leaver and Jenny Shin, "The Mounting Costs of the Iraq War," Foreign Policy in Focus, March 4, 2008

Larry Elliott, "America was conned - who will pay," Guardian, March 17 2008

[ . . . a $4 or $5 trillion tag would be more reasonable.--Joseph Stiglitz and Linda Bilmes, "$3 trillion may be too low," Guardian, April 6, 2008]

Pauline Jelinek, "300,000 US veterans have mental problem, 320,000 had brain injuries," Associated Press, April 17, 2008

[The number that the House sent to the Senate for "defense" - $612 billion for the coming year - is eye-popping. . . .

That number's a sham, however. The budget calls for $68.6 billion for the occupations of Iraq and Afghanistan in 2009. War costs this year totaled $182 billion, according to the Federation of American Scientists. . . .

Throw in a bit more than $50 billion for Homeland Security, around $20 billion for the nuclear arsenal in the Department of Energy's budget, about $10 billion for the Coast Guard, a similar number for foreign "security assistance" and maybe another $125 billion - according to one estimate - in other defense-related programs scattered throughout the federal budget.

Of course, very little of this is "defense." This is empire spending, pure and simple--Joshua Holland, "With All Eyes on the Bailout, House Passes Trillion-Dollar Defense Bill ," AlterNet, September 26, 2008]

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