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Friday, December 30, 2011

The Insane Cost of War

The Insane Cost of War Tube. Duration : 4.87 Mins.


Source: www.nytimes.com Excerpt below: A recent report from the Congressional Research Service finds that the war on terror, including Afghanistan and Iraq, has been, by far, the costliest war in American history aside from World War II. It adjusted costs of all previous wars for inflation. Those historical comparisons should be a wake-up call to President Obama, underscoring how our military strategy is not only a mess — as the recent leaked documents from Afghanistan suggested — but also more broadly reflects a gross misallocation of resources. One legacy of the 9/11 attacks was a distortion of American policy: By the standards of history and cost-effectiveness, we are hugely overinvested in military tools and underinvested in education and diplomacy. It was reflexive for liberals to rail at President George W. Bush for jingoism. But it is President Obama who is now requesting 6.1 percent more in military spending than the peak of military spending under Mr. Bush. And it is Mr. Obama who has tripled the number of American troops in Afghanistan since he took office. (A bill providing billion to continue financing America's two wars was approved by the House on Tuesday and is awaiting his signature.) Under Mr. Obama, we are now spending more money on the military, after adjusting for inflation, than in the peak of the cold war, Vietnam War or Korean War. Our battle fleet is larger than the next 13 navies combined, according to Defense Secretary Robert Gates. The ...

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