Tuesday, May 3, 2011

The War and Economy



In times of war, the economy can fluctuate tremendously due to the increasing cost to the government. By providing soldiers with necessary equipment needed for their survival and for a successful mission, the government is relied upon to pay for all these costs. That in itself costs the government a whole lot of money, affecting the economy.




The wars in Iraq and Affghanistan have "cost American a staggering $1 trillion to date." That price alone is the second highest ever paid falling back behind World War II when the cost was $4 trillion. Although it may seem like things are not that bad, since we paid more during World War II, the reality is that there were far more soldiers during WWII and we were only paying 67,000 per year per soldier compared to the $1.1 million a year for every soldier in the war. This of course is do to the fact that everything is much more expensive then it was back in the 40's, but it is costing the people and the economy a lot of hardships. The way things are going it will continue to increase affecting the economy even more than it already has.




http://www.nytimes.com/2010/07/25/weekinreview/25bumiller.html?scp=3&sq=us%20economy%20and%20the%20war&st=cse

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