WASHINGTON -- The United States will have spent a total of $3.7 trillion on wars in Iraq, Afghanistan and Pakistan, costing 225,000 lives and creating 7.8 million refugees, by the time the conflicts end, according to a report released on Wednesday by Brown University.
The report, written by more than 20 economists, political scientists, lawyers, anthropologists and humanitarian personnel for Brown's Watson Institute for International Studies, gives staggering estimates for the cost of military action in those three countries. Nearly ten years since U.S. troops first entered Afghanistan, the report estimates the final cost of all three conflicts will be between $3.7 trillion and $4.4 trillion -- far higher than the $1 trillion price tag referenced by President Barack Obama earlier this year. The report estimates the U.S. government has already spent between $2.3 trillion to $2.7 trillion and will spend at least a trillion more over the next fifty years.
In a video op-ed exclusive to HuffPost, some of the report's authors explained the high costs -- both past and future -- of the wars.
Long-term obligations to war veterans will cause the price tag of the conflicts to climb for decades after troops have returned home. The report puts the cost of health care for veterans at between $600 to $950 billion, not peaking until the 2050s.
"Wars, in a sense, are never over when they're over," Catherine Lutz, a Brown University anthropologist, said in the video op-ed. "They go on for decades, and the peak costs for this war will be incurred forty years from now."
Full Article
Source: Huffington
The report, written by more than 20 economists, political scientists, lawyers, anthropologists and humanitarian personnel for Brown's Watson Institute for International Studies, gives staggering estimates for the cost of military action in those three countries. Nearly ten years since U.S. troops first entered Afghanistan, the report estimates the final cost of all three conflicts will be between $3.7 trillion and $4.4 trillion -- far higher than the $1 trillion price tag referenced by President Barack Obama earlier this year. The report estimates the U.S. government has already spent between $2.3 trillion to $2.7 trillion and will spend at least a trillion more over the next fifty years.
In a video op-ed exclusive to HuffPost, some of the report's authors explained the high costs -- both past and future -- of the wars.
Long-term obligations to war veterans will cause the price tag of the conflicts to climb for decades after troops have returned home. The report puts the cost of health care for veterans at between $600 to $950 billion, not peaking until the 2050s.
"Wars, in a sense, are never over when they're over," Catherine Lutz, a Brown University anthropologist, said in the video op-ed. "They go on for decades, and the peak costs for this war will be incurred forty years from now."
Full Article
Source: Huffington
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