Tuesday, May 10, 2011
The Cost Of Bin Laden
Now that the U.S. finally got it's man and dispatched the leader of Al Queda it might be a good time to try and figure out at what cost it all came to. So exactly how much money has the U.S. spent on the war on terror since 9-11-01? Lets start with both of the Wars in Iraq and Afghanistan. To date both conflicts have been estimated to have cost about 1.3 trillion so far. Some experts say that by the time we untangle ourselves from both of those messes it might be well over 2 trillion. If you count Homeland Security spending that figure to date is somewhere in the neighborhood of 700 billion dollars. Let us not forget the Annual Defense budget for the Pentagon. Before 9-11 the defense budget was at about 365 billion a year. This years defense budget is in excess of 700 billion a year. If you factor in other results of the war on terror that are not monetary such as longer waiting lines at the airports for security, invasions of privacy with scanners at airports and body searches that can be invasive and uncomfortable, the increased cost for an airline ticket in order to pay for the new security layers, the PTSD that many Americans have developed in the wake of the 9-11 attacks and the accompanying health issues and health bills than you can easily add up the total to be in excess of 3 trillion and more and the whole matter is far from over as we all know. That 3 trillion total by the way does not even include the 60 million dollar Black Hawk Helicopter that we lost during the raid on Bin Laden's house. Osama Bin Laden had said on several occasions that one of his goals was to economically damage the United States by forcing it to spend serious amounts of money in order to defend itself against Al Queda and its terror tactics. On that score Al Queda is doing well. 3 trillion dollars is currently about 20% of the total U.S. National debt as of this writing.
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