For the Global Thinker

Friday, March 29, 2013

Iraq, Afghan wars will cost to $4 trillion to $6 trillion, Harvard study says

 A new study has put the total cost of the Iraq and Afghan wars at between $4 and $6 trillion. By my calculation that's more than $40,000 per American household. And of course that's just the financial cost, not including the toll in American or Iraqi lives.
 To put that sum in perspective, the mid-range figure of $5 trillion is enough (by UNESCO numbers) to get all the remaining unschooled kids in the world through primary school for the next 312 years. In other words, for the first time in the history of the world, we would have had universal literacy--and education often fights extremism more effectively than bombs.
Read more here...

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