Showing posts with label us citizens. Show all posts
Showing posts with label us citizens. Show all posts

Wednesday 18 August 2021

 

2 Trillion Dollar Bill: Afghan War Burdens Every US Citizen with $20K Debt

The United States has spent over two trillion dollars in the Afghanistan war, combating the Taliban. But to no avail. Things have gone haywire, clearly. After two decades of confronting the Taliban, the US army along with NATO forces has decided to leave the country. Needless to say, the amount spent in Afghanistan is going to pinch every American. The mammoth interest rates will continue to climb given how the modern debt structure functions.

The two trillion dollar bill includes the direct funding cost of $800 billion and $83 billion to train the Afghan army. The rest of the amount was spent on development projects, such as building bases, roads, etc.

America spent more than the combined net worth of Jeff Bezos, Bill Gates, and the 30 other American richest billionaires.

According to the estimates of the Costs of War Project at Brown University, the interest rate will climb up to $6.5 trillion by 2050, which translates to $20,000 for each and every US citizen. These numbers are frightening, clearly.

Besides, the US army lost its 2448 service members, according to the university report. As many as 4000 civilian contractors lost their lives. Around 66,000 Afghan army personnel were killed. The number of civilians killed is 47,245. The Taliban fighters killed stand at 51,191.

In addition to what was spent in the war, the United States invested in infra sectors too including healthcare. 

There’s no denying that the protective umbrella of the US presence played a vital role in favor of its allies, but the country ended up troubling its own citizens. It’s estimated that every US citizen is burdened with $20K war debt.