Afghanistan War hits the $500 billion mark

image
Published: 10 Feb, 2012
1 min read

The Afghanistan War has hit the half-a-trillion dollar mark today.  Launched under President Bush and intensified under President Obama, the war has lasted over eleven years.  Just last month, 26 US soldiers died in this war theater, and 3 have died so far this month. Overall, since the war's inception, 1,893 US soldiers have been killed and over 14,000 have been wounded.

Financially speaking, it should be noted that under both President Bush and President Obama, the Afghanistan War has been financed through deficit spending.  Since 2001, the federal budget has never been balanced, which effectively means that the war has been funded through borrowing.  And in conjunction with the Iraq War, PTSD and a startling suicide rate have plagued the US military throughout the same period.

President Obama, who ramped up spending and doubled the number of US troops in Afghanistan, plans to hand over primary security responsibility to Afghan forces by the end of 2013, a year ahead of schedule.  GOP presidential candidates Mitt Romney, Newt Gingrich, and Rick Santorum have criticized Obama's accelerated withdrawal schedule, while Dr. Ron Paul continues to be the only candidate who advocates a complete and immediate withdrawal.

You Might Also Like

Hillcrest
'Build, Baby, Build!' is NOT the Answer to Housing Crises
Can San Diego build its way out of its three-part housing crisis – supply, affordability and homelessness? Some of elected officials think so and are leading the charge. I have been in the real estate industry for 50-plus years, and I say they are on the wrong track....
27 Oct, 2025
-
4 min read
Isn't It Weird That Congress Feels No Urgency to Re-Open the Government?
Isn't It Weird That Congress Feels No Urgency to Re-Open the Government?
The U.S. has entered Day 22 of the latest government shutdown with no end in sight. As pundits expect it to surpass the 35-day record set during Trump’s first term, a new Gallup poll shows voters’ approval of Congress has plummeted in the last month. Yet, for congressional leaders, there isn’t any urgency to re-open the government. House Speaker Mike Johnson and Minority Leader Hakeem Jeffries trade jabs back and forth in the media, but the blame game continues to be prioritized over solutions....
22 Oct, 2025
-
5 min read
Proposition 50 voter guide
California Prop 50: Partisan Power Play or Necessary Counterpunch?
November 4 marks a special election for what has become the most controversial ballot measure in California in recent memory: Proposition 50, which would circumvent congressional districts drawn by the state’s independent redistricting commission for a legislative-drawn map....
01 Oct, 2025
-
9 min read