The Associated Press reported on August 31, that “…$60 billion in U.S. funds has been lost to waste and fraud in Iraq and Afghanistan over the past decade through lax oversight of contractors, poor planning and payoffs to warlords and insurgents…”
According to a 2009 update of a study by the Political Economy Research Institute at the University of Massachusetts (Amherst), for every billion taxpayer dollars you spend on the military, you essentially destroy at least 3,200 civilian jobs. That’s the difference between civilian jobs created for every $1 billion in tax cuts for taxpayers, versus military jobs created for every $1 billion spent on the military.
Multiply 3,200 by the number of billions of taxpayer dollars the AP reports were wasted on the criminal wars in Iraq and Afghanistan: That’s 192,000 civilian jobs lost.
The number of jobs lost is even higher when you look at spending on Education, instead of the Military.
For every billion taxpayer dollars spent on Education 29,100 civilian jobs are created, versus 11,600 military jobs. The difference is 17,500. Multiply 17,500 by the $60 billion unaccounted for taxpayer dollars lost in Iraq and Afghanistan: That’s more than one million potentially new civilian jobs lost!
Now realize the U.S. is spending tens of millions per month in Libya, and is pushing for war with Syria. You can see there will be no economic recovery for the United States.