The United States invaded Afghanistan and deployed their troops in since 2001, right after the 9/11 terror attacks.
This has not been a cheap affair for the American government and its tax paying citizens. Their involvement and investment has yielded and resulted in not only loss on both in terms of life, money or rights but also humiliation and a chaotic end to one of the longest war that the United States has ever took part in.
ECONOMICS OF THE WAR
Over the past two decades the United States has diverted over $2 trillion for the war in Afghanistan. This is means $300 million is being spent every single day for the past 20 years. That comes down to to $50,000 for each of the 40 million residents.
A lot of the money spent has been financed through borrowings. The researchers at Brown University have predicted that over $530 billion has already been paid as interest on the total sum borrowed to fund the war in Afghanistan and these interest payments are the second biggest chunk of the total expenses incurred.
Researchers have also suspected that by the end of 2050 interest costs on these borrowings alone may hit a record $6.5 trillion. Which means that each and every American citizen would almost be paying a whopping $20,000 towards these debts.
These huge figures include the $800 billion that was spent on fighting the war, along with this approximately $85 billion that was spent to train and equip Afghanistan’s army up till the month of March this year which a lot of people see as their most critical and expensive failure. The American taxpayers have also been contributing roughly $750 million a year towards these Afghan soldiers as payroll.
However, it been predicted that a sum total of $2.26 trillion has been spent as per Brown University’s Costs of War Project. The biggest sum of money amounting to approximately $1 trillion of that total chunk of $2.26 trillion was mostly absorbed by the overseas contingency operation budgets belonging to the department of defense.
Some reports and studies have also suggested that US has already spent over $300 billion to care for their casualties and this is not the complete cost at least half a trillion more is expected to be incurred further in time.