Beware the Dogs of War: Is the American Empire on the Verge of Collapse?
Of all the enemies to public liberty war is, perhaps, the most to be dreaded because it comprises and develops the germ of every other. War is the parent of armies; from these proceed debts and taxes… known instruments for bringing the many under the domination of the few.… No nation could preserve its freedom in the midst of continual warfare. — James Madison
Waging endless wars abroad (in Iraq, Afghanistan, Pakistan and now Syria) isn’t making America—or the rest of the world—any safer, it’s certainly not making America great again, and it’s undeniably digging the U.S. deeper into debt.
In fact, it’s a wonder the economy hasn’t collapsed yet.
Indeed, even if we were to put an end to all of the government’s military meddling and bring all of the troops home today, it would take decades to pay down the price of these wars and get the government’s creditors off our backs. Even then, government spending would have to be slashed dramatically and taxes raised.
You do the math.
The government is $19 trillion in debt: War spending has ratcheted up the nation’s debt. The debt has now exceeded a staggering $19 trillion and is growing at an alarming rate of $35 million/hour and $2 billion every 24 hours. Yet while defense contractors are getting richer than their wildest dreams, we’re in hock to foreign nations such as Japan and China (our two largest foreign holders at $1.13 trillion and $1.12 trillion respectively).
The Pentagon’s annual budget consumes almost 100% of individual income tax revenue. If there is any absolute maxim by which the federal government seems to operate, it is that the American taxpayer always gets ripped off, especially when it comes to paying the tab for America’s attempts to police the globe. Having been co-opted by greedy defense contractors, corrupt politicians and incompetent government officials, America’s expanding military empire is bleeding the country dry at a rate of more than $57 million per hour.
The government has spent $4.8 trillion on wars abroad since 9/11, with $7.9 trillion in interest: That’s a tax burden of more than $16,000 per American. Almost a quarter of that debt was incurred as a result of the wars in Iraq, Afghanistan and Pakistan and Syria. For the past 16 years, these wars have been paid for almost entirely by borrowing money from foreign nations and the U.S. Treasury. As the Atlantic points out, we’re fighting terrorism with a credit card. According to the Watson Institute for Public Affairs at Brown University, interest payments on what we’ve already borrowed for these failed wars could total over $7.9 trillion by 2053.
The government lost more than $160 billion to waste and fraud by the military and defense contractors: With paid contractors often outnumbering enlisted combat troops, the American war effort dubbed as the “coalition of the willing” has quickly evolved into the “coalition of the billing,” with American taxpayers forced to cough up billions of dollars for cash bribes, luxury bases, a highway to nowhere, faulty equipment, salaries for so-called “ghost soldiers,” and overpriced anything and everything associated with the war effort, including a $640 toilet seat and a $7600 coffee pot.
Taxpayers are being forced to pay $1.4 million per hour to provide U.S. weapons to countries that can’t afford them. As Mother Jones reports, the Pentagon’s Foreign Military Finance program “opens the way for the US government to pay for weapons for other countries—only to ‘promote world peace,’ of course—using your tax dollars, which are then recycled into the hands of military-industrial-complex corporations.”
The U.S. government spends more on wars (and military occupations) abroad every year than all 50 states combined spend on health, education, welfare, and safety. In fact, the U.S. spends more on its military than the eight highest-ranking nations with big defense budgets combined. The reach of America’s military empire includes close to 800 bases in as many as 160 countries, operated at a cost of more than $156 billion annually. As investigative journalist David Vine reports, “Even US military resorts and recreation areas in places like the Bavarian Alps and Seoul, South Korea, are bases of a kind. Worldwide, the military runs more than 170 golf courses.”
Now President Trump wants to increase military spending by $54 billion. Promising “an historic increase in defense spending to rebuild the depleted military of the United States,” Trump has made it clear where his priorities lie, and it’s not with the American taxpayer. As The Nation reports, “On a planet where Americans account for 4.34 percent of the population, US military spending accounts for 37 percent of the global total.”
Add in the cost of waging war in Syria (with or without congressional approval), and the burden on taxpayers soars to more than $11.5 million a day. Ironically, while presidential candidate Trump was vehemently opposed to the U.S. use of force in Syria, as well as harboring Syrian refugees within the U.S., he had no problem retaliating against Syrian President Bashar al-Assad on behalf of Syrian children killed in a chemical attack. The cost of launching a 59 Tomahawk missile-strike against Syria? It’s estimated that the missiles alone cost $60 million. Mind you, this is the same man, while campaigning for president, who warned that fighting Syria would signal the start of World War III against a united Syria, Russia and Iran. Already oil prices have started to climb as investors anticipate an extended conflict.
Clearly, war has become a huge money-making venture, and the U.S. government, with its vast military empire, is one of its best buyers and sellers…