US economy: Estimated cost of post-9/11 wars: 225,000 lives, up to $4 trillion - by Deborah Baum

The cost of wars in Afghanistan, Iraq, and Pakistan are estimated at 225,000 lives and up to $4 trillion in U.S. spending, in a new report by scholars with the Eisenhower Research Project at Brown University’s Watson Institute for International Studies. The group’s “Costs of War” project has released new figures for a range of human and economic costs associated with the U.S. military response to the 9/11 attacks.

Among the group’s main findings:

• The U.S. wars in Afghanistan, Iraq, and Pakistan will cost between $3.2 and $4 trillion, including medical care and disability for current and future war veterans. This figure does not include substantial probable future interest on war-related debt.
• More than 31,000 people in uniform and military contractors have died, including the Iraqi and Afghan security forces and other military forces allied with the United States.
• By a very conservative estimate, 137,000 civilians have been killed in Iraq and Afghanistan by all parties to these conflicts.
• The wars have created more than 7.8 million refugees among Iraqis, Afghans, and Pakistanis.
• Pentagon bills account for half of the budgetary costs incurred and are a fraction of the full economic cost of the wars.
• Because the war has been financed almost entirely by borrowing, $185 billion in interest has already been paid on war spending, and another $1 trillion could accrue in interest alone through 2020.
• Federal obligations to care for past and future veterans of these wars will likely total between $600-$950 billion. This number is not included in most analyses of the costs of war and will not peak until mid-century.

The Eisenhower Research Project is a new, nonpartisan, nonprofit, scholarly initiative that derives its purpose from President Eisenhower’s 1961 farewell address, in which he warned of the “unwarranted influence” of the military-industrial complex and appealed for an “alert and knowledgeable citizenry” as the only force able to balance the often contrasting demands of security and liberty in the democratic state.

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