Adonis Diaries

Posts Tagged ‘AMANDA MACIAS

USA has spent $5.9 trillion on wars in the Middle East and Asia since 2001, a new study says

The report also finds that more than 480,000 people have died from the wars and more than 244,000 civilians have been killed as a result of fighting. Additionally, another 10 million people have been displaced due to violence.

WASHINGTON  The U.S. wars and military action in Afghanistan, Iraq, Syria and Pakistan have cost American taxpayers $5.9 trillion since they began in 2001, according to a new study.

That total is almost $2 trillion more than all federal government spending during the recently completed 2017-18 fiscal year.

The $5.9 trillion figure reflects the cost across the U.S. federal government since the price of war is not borne by the Defense Department alone, according to Neta Crawford, the study’s author.

In addition to the money spent by the Pentagon, Crawford says the report captures the “war-related spending by the Department of State, past and obligated spending for war veterans’ care, interest on the debt incurred to pay for the wars, and the prevention of and response to terrorism by the Department of Homeland Security.” (Most of the debt financed by China)

It breaks down like this, according to Crawford and the report:

  • Total U.S. war-related spending through fiscal year 2019 is $4.9 trillion.
  • The other $1 trillion reflects estimates for the cost of health care for post-9/11 veterans.
  • The Department of Veterans Affairs will be responsible for serving more than 4.3 million veterans by 2039.

What’s more, longer wars will also increase the number of service members who will ultimately claim veterans benefits and disability payments.

The U.S. government spent $4.1 trillion during fiscal year 2018, which ended Sept. 30, according to the Treasury Department.

The Defense Department accounted for 14.7% of that, and the Department of Veterans Affairs accounted for 4.4 percent.

 

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Most Miserable Countries In The World?

Mind you this list is of 2014.

According to a analysis published by the Cato Institute, (an institute Not known for objectivity and its non-politicized articles) Venezuela holds the disreputable top spot as the most miserable nation in the world.

 posyed in MILITARY & DEFENSE last April 24, 2014

The 22 Most Miserable Countries In The World

The formula used to compile the list involves inflation, lending rates, and unemployment rates minus year-on-year per capita GDP growth. (And what about public services level and health care?)

Venezuela’s much higher misery score of 79.4 is much higher than every other country except Iran (61.6), and the top 22 countries are above 25 on the index.

Inflation is the major contributing factor plaguing three of the top four nations listed. The other countries are either hampered by high unemployment or interest rates. (All colonial nations politically enjoy low rates of borrowing. Is that taken into consideration?)

Here is the top 28 (and here’s the full study):

Read more: http://www.businessinsider.com/most-miserable-places-in-the-world-2014-4#ixzz312vSMk2Y

SEE ALSO:  The 18 Most Corrupt Countries In The World


adonis49

adonis49

adonis49

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