Sunday, May 8, 2011

BIN LADEN -- WE ENABLED ONE MAN TO COST U.S. $3 TRILLION

"... bin Laden cost the United States at least $3 trillion over the past 15 years, counting the disruptions he wrought on the domestic economy, the wars and heightened security triggered by the terrorist attacks he engineered, and the direct efforts to hunt him down... What do we have to show for that tab? Two wars that continue to occupy 150,000 troops and tie up a quarter of our defense budget; a bloated homeland-security apparatus that has at times pushed the bounds of civil liberty; soaring oil prices partially attributable to the global war on bin Laden's terrorist network; and a chunk of our mounting national debt, which threatens to hobble the economy..."

"The... expense we can attribute to bin Laden comes from policymakers' response to 9/11. The invasion of Afghanistan was clearly a reaction to al-Qaida's attacks. It is unlikely that the Bush administration would have invaded Iraq if 9/11 had not ushered in a debate about Islamic extremism and weapons of mass destruction. Those two wars grew into a comprehensive counterinsurgency campaign that cost $1.4 trillion in the past decade—and will cost hundreds of billions more. The government borrowed the money for those wars, adding hundreds of billions in interest charges to the U.S. debt..."

http://news.yahoo.com/s/yblog_exclusive/20110506/pl_yblog_exclusive/the-cost-of-bin-laden-3-trillion-over-15-years

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