It was Veterans Day in the United States today, the day to honor the the veterans that had served in our nation’s armed forces.
Wars end, but their costs— in blood and treasure— go on for a very, very long time.
The estimated amount of direct Afghanistan and Iraq war costs that the United States has debt-financed as of 2020: $2 trillion.
The estimated interest costs by 2050 to pay for health care, disability, burial and other costs for roughly 4 million Afghanistan and Iraq veterans: Up to $6.5 trillion.
[Data reported in the Boston Globe in Aug. 2021 from a study by Linda Bilmes of Harvard University’s Kennedy School and from the Brown University Costs of War project].