Five Eye-Opening Facts About Our Bloated Post-9/11 ‘Defense’ Spending
By Joshua Holland, AlterNet
Posted on May 28, 2011, Printed on May 30, 2011
This week, the National Priorities Project (NPP) released a snapshot of U.S. “defense” spending since September 11, 2001. The eye-popping figures lend credence to the theory that al Qaeda’s attacks were a form of economic warfare – that they hoped for a massive overreaction that would entangle us in costly foreign wars that would ultimately drain away our national wealth.
They didn’t bankrupt us the same way the Mujahadeen helped bring down the Soviet Union decades before, because our economy was much stronger. But they did succeed in putting us deep into the red – with an assist, of course, from Bush’s ideologically driven tax cuts for the wealthy.
The topline number is this: we have spent $7.6 trillion on the military and homeland security since 9/11. The Pentagon’s base budget – which doesn’t include the costs of fighting our wars – has increased by 81 percent during that time (43 percent when adjusted for inflation). The costs of the conflicts in Afghanistan and Iraq have now reached $1.26 trillion. But that only scratches the surface; it doesn’t include the long-term costs of caring for badly wounded soldiers, for example.