This $75,000 per, as noted by the project, is a low ball estimate of the reality. For the country not sacrificing since both were started, abandoning the main missions for even sending our military into that region years back to invade and occupy another, the extra costs for the peoples responsibility, the Veterans Administration, will continue to rise as it costs much more to build what should have already been in a modern government agency tasked with that responsibility instead of just maintaining and advancing as technology does. As well as the unknown, and for how long, costs for enhancing the Nations National Security, billions more already spent, and freedoms removed from the society, from the spread of al Qaida style criminal terrorism and ideology in the blowback retaliations sought by.
30 March 2013 - The cost to America of the wars in Iraq and Afghanistan could now reach as much as $6 trillion (€4.7tn) – or $75,000 (€59,000) for every household in the country – a study from Harvard University has concluded.
The calculation, which includes the cost of spiralling veterans' care bills and the future interest on war loans, paints a grim picture of how America's future at home and abroad has been mortgaged to the two conflicts entered into by former president George W Bush in 2001 and 2003.
"There will be no peace dividend," is the stark conclusion from the 22-page report from the Kennedy School of Government, "and the legacy of Iraq and Afghanistan wars will be costs that persist for decades".
America is preparing for a final withdrawal from Afghanistan, a decision that President Barack Obama trumpeted in his State of the Union address as a sign that America was finally moving forwards after a sapping decade of war.
However, the working paper by Prof Linda Bilmes makes clear that the true legacy of the two conflicts – which have cost $2tn (€1.56tn) in actual outlay to date – has not yet begun to be appreciated.
"There's a sense that we are turning the corner, but unfortunately, the legacy of these wars, because of decisions about the way we fought and funded these wars, means we will be paying the costs for a long time to come," Prof Bilmes said in an interview. read more>>>
From the Costs of War Project: Because the Iraq war appropriations for FY2003 - FY2013 were not funded with new taxes, but by borrowing, it is important to keep in mind the interest costs already paid, and future interest costs. Iraq War appropriations for DOD and State were 54 percent of the interest costs. If one were to include Iraq's share of cumulative interest through 2053, those costs could be more than $3.9 trillion.