Costs and Profits from War: A Working-Class Perspective

IVAW mud

COSTS OF WAR:

The US government’s war activity across the globe over the past 12 years is approaching a cost of nearly 6 trillion dollars.

$260 billion has already been paid in *interest* on war “debt.” Debt to whom?

1.5 million US troops have applied for “permanent disability benefits” through Veterans Affairs.

Nearly 1 million US troops are being treated or have been treated for “mental health issues – anxiety, depression, and/or PTSD.”

The VA’s annual budget in 2001 was $61.4 billion. It is now $140.3 billion.

Medical care and disability benefits for US troops are projected to reach over $1 trillion during the next decade.

US wars abroad have created what the CIA calls “blowback” across the globe. Distrust of the US is at an all-time high and so-called “terrorist” organizations are springing up at unprecedented rates in order to fight against these occupations.

A 2014 Gallup International Survey found that nearly 25% of people worldwide view the US as “the biggest threat to peace.” The next highest perceived threats weren’t even close: 8% said Pakistan, and 6% said China.

“PROFITS” FROM WAR:

Total US contracts to private companies: $138 billion.

Halliburton: Made $39.5 billion since 2002.

Agility Logistics (Kuwait) and Kuwait Petroleum Corporation: Awarded $13.5 billion in US contracts.

United Technologies: $11.6 billion in arms sales in 2012.

Raytheon: $22 billion in arms sales; $1.9 billion in profit in 2012 alone.

BAE Systems: $27 billion in arms sales; $2.6 billion in profit in 2012.

Boeing: $27 billion in arms sales; $3.9 billion in profit in 2012.

Lockheed Martin: $36 billion in arms sales; $2.7 billion in profit in 2012.

L-3 Communications: $12.5 billion in arms sales; $956 million in profit in 2012.

EADS: $16.4 billion in arms sales; $1.4 billion in profit in 2012.

Northrop Grumman: $21 billion in arms sales; $2.1 billion in profit in 2012.

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