Donor Matching Funds Announced!

A generous donor has offered to match all contributions dollar-for-dollar for the next $10,000 raised, doubling the impact of your donation and helping us reach our fundraising goal faster.

$17,360 of $60,000 raised

The Cost Of The U.S. Terror War from 2001-2020 is $6.4 Trillion

by | Nov 14, 2019

The Watson Institute for International and Public Affairs at Brown University released a report on the cost of the war on terror over 20 years since 2001: United States Budgetary Costs and Obligations of Post-9/11 Wars Through FY2020: $6.4 Trillion by Neta Crawford.

These wars, and the domestic counterterror mobilization, have entailed significant expenses, paid for by deficit spending. Thus, even if the United States withdraws completely from the major war zones by the end of FY2020 and halts its other Global War on Terror operations, in the Philippines and Africa for example, the total budgetary burden of the post-9/11 wars will continue to rise as the US pays the on-going costs of veterans’ care and for interest on borrowing to pay for the wars. Moreover, the increases in the Pentagon base budget associated with the wars are likely to remain, inflating the military budget over the long run.

Steven Woskow

Steven Woskow

Steve Woskow is an entrepreneur and was President of Agtech Products, Inc., a research and development company specializing in animal agriculture. He has a Ph.D. in Nutrition and Food Science from Iowa State University. He is retired and lives with his family in Northern Nevada.

View all posts

Our Books

libertarian inst books

Related Articles

Related

Restricting Production

"At the bottom of the interventionist argument there is always the idea that the government or the state is an entity outside and above the social process of production, that it owns something which is not derived from taxing its subjects, and that it can spend this...

read more

“Capitalism” Is about Freedom, Not Capital

"Why 'capitalism'? Words have an unfortunate tendency to confuse. Free market capitalism is not really about capital, it is about handing control of the economy from the top to billions of independent consumers, entrepreneurs and workers, and allowing them to make...

read more

Pin It on Pinterest

Share This