Saturday, March 31, 2012

The Economics of the War on Terror

Since 9/11 the cost of the War on Terror has been estimated at $4 trillion by one blogger analyst.
The cost of the global war on terror since the attacks of 9/11? Almost $4 trillion. That’s almost half of what the U.S. has added in debt since 2001...The chronic exaggeration of U.S. national security threats also extends to the security of individual Americans. Since 9/11, a total of 238 American citizens have died from terrorist attacks, or an average of 29 per year. To put that in some perspective, according to the Consumer Product Safety Commission, the average American is as likely to be crushed to death by televisions or furniture as they are to be killed by a terrorist. A recent study from Duke University found that, since 9/11, eleven Muslim Americans were involved in active terrorist plots in the United States, which killed thirty-three Americans. Over that same time period, there have been nearly 150,000 murders and over 300,000 suicides....o should we declare war on people being crushed to death by televisions and furniture? Most tellingly, from 1980 to 2005 only 6% of all terrorist events in the U.S. was Islamist in nature.
Read the rest here
Azizonomics