News The Cost of War: Examining the Economic Impact of Modern Conflicts

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The discussion centers on the economic impact of war, particularly the $1 trillion cost over ten years, which some argue is insignificant compared to the overall U.S. economy. Participants express concern over the opportunity costs of military spending, suggesting that funds could have been better allocated to infrastructure or social programs. There is a debate about whether military expenditures stimulate the economy or merely benefit the military-industrial complex. Some contributors highlight the long-term implications of such spending on future generations and question the effectiveness of the wars fought. The conversation ultimately reflects a deep divide on the value of military investment versus domestic development.
  • #61
Office_Shredder said:
Is there any point in US history where we could deploy a million soldiers without holding a draft?

Why only the US? This is a UN/NATO mission. Why can't the World today with 6.5 billion inhabitants mobilize just one million soldiers to do a simple peacekeeping mission in which hardly any fighting would be involved, while in 1941 Germany was able to launch an http://en.wikipedia.org/wiki/Operation_Barbarossa" with 4.5 million soldiers and 600,000 motor vehicles?
 
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  • #62
Count Iblis said:
Why only the US? This is a UN/NATO mission. Why can't the World today with 6.5 billion inhabitants mobilize just one million soldiers to do a simple peacekeeping mission in which hardly any fighting would be involved, while in 1941 Germany was able to launch an http://en.wikipedia.org/wiki/Operation_Barbarossa" with 4.5 million soldiers and 600,000 motor vehicles?

Because that was total war for control of the world. This is not. Again, do you think Germany pulled that off without a draft? You seem to think that somehow mobilizing the forces of the world to subdue the Taliban/Al Qaeda over the course of a couple of years would somehow be more expedient and cheaper than the current situation; do you think all those extra tanks and weapons and salaries and the massive supply line necessary to keep it all running is going to come for free?

If China decided to take Hawaii by force, obviously we would not send 100,000 troops to take Shanghai, we would have a draft and force factories in America to start producing weapons of war instead of cars and toys. But that hasn't happened, so we aren't going to halt our economy for the next five years in order to win in Afghanistan, because maybe it isn't worth that. You keep talking about the cost of being mired in such a situation as we are at the moment, but are completely disregarding the cost of implementing total warfare, especially in a region as isolated as Afghanistan.

Also, this might not be a quick occupation either way. Since you love to bring up WWII, we ended up occupying Germany for 11 years

EDIT TO ADD:
Furthermore, the German occupation situation was at least as disastrous and costly as the continuation of the Korean war. The tensions it caused with the USSR and the whole Berlin airlift thing etc. certainly don't qualify as overwhelming success post occupation, and should be taken into account when discussing occupation costs.

"But wait!" you cry. "We aren't going to divvy up Afghanistan because we don't have to!" Well, why would the world commit all its troops to Afghanistan and then let the US make all the decisions? Currently we're the major policy setter because we're the major contributor of troops, if you want Russia to dedicate, say, half a million troops (more than it's current standing land army mind you), then yes, they're going to want to have control over their chunk of the country
 
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  • #63
Office_Shredder said:
We tried crushing North Korea. It didn't work

And we did crush Afghanistan, we're trying to help them rebuild. It's just that our definition of rebuild seems to be at odds with the definition that some Afghans use

I believe that we are working from vastly different definitions of "crushed". Mine involves a reckless disregard for human life and infrastructure, and a massive investment in sustained bombing, including the use of radiological weapons, and nerve agents for tunnels.
 
  • #64
nismaratwork said:
I believe that we are working from vastly different definitions of "crushed". Mine involves a reckless disregard for human life and infrastructure, and a massive investment in sustained bombing, including the use of radiological weapons, and nerve agents for tunnels.

Wait, so you're just killing for the sake of killing, or are you trying to achieve some legitimate objective here?

Also, what do you think happened in the Korean war? We bombed the hell out of North Korea to cut off supply lines; bridges, railroads, harbors. Are you under the impression that we held back in that war? It was essentially exactly what you're recommending we do in Afghanistan today, and it didn't work because somebody didn't like having a neighbor be conquered in such a manner
 
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  • #65
The result is quite amazing and I don't like war, and hope the world will be more peaceful.
The second link say some about the debt to the Penny, just compared to the first link. Contract the two links the result I get is the wars were supported by the all of us, this is quite sad to me.
 
  • #66
Office_Shredder said:
Because that was total war for control of the world. This is not.
The threat may not be as tangible as the armies of the Third Reich, but yes this a struggle for total control of the world.

"It is the nature of Islam to dominate, not to be dominated, to impose its law on all nations and extend its power to the entire planet."
-Hassan al-Banna, founder of the Muslim Brotherhood
http://www.ikhwanweb.com/Home.asp?zPage=Systems&System=PressR&Press=Show&Lang=E&ID=4584 That statement is not atypical.
 
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  • #67
There is a difference between someone saying they want to control the world and actually fighting a war for control of the world.

The Office_Shredder faith believes that total domination of the world is my right. Are you now going to draft 5 million people and put them on every street corner to stamp out my uprising? Our response should be based on reality, not fiction
 
  • #68
Office_Shredder said:
There is a difference between someone saying they want to control the world and actually fighting a war for control of the world.

The Office_Shredder faith believes that total domination of the world is my right. Are you now going to draft 5 million people and put them on every street corner to stamp out my uprising? Our response should be based on reality, not fiction
The Muslim Brotherhood is not some nut standing on a corner with a sign, nor is the sentimental expressed above in anyway isolated to them.

Reality:
[PLAIN]http://www.bosasomedia.com/images/somali_news/911%20spetember%2011%20world%20trade%20center%20terrorist%20attack.jpg
 
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  • #69
mheslep said:
The Muslim Brotherhood is not some nut standing on a corner with a sign, nor is the sentimental expressed above in anyway isolated to them.

Reality:
[PLAIN]http://www.bosasomedia.com/images/somali_news/911%20spetember%2011%20world%20trade%20center%20terrorist%20attack.jpg[/QUOTE]

So we invaded Iraq and when we did we lost Afghanistan.
 
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  • #70
edward said:
So we invaded Iraq and when we did we lost Afghanistan.
Afghanistan is "lost"? Since 2003 and the Iraq invasion? Apparently that kind of insight is qualification for the US Senate.
http://www.foxnews.com/story/0,2933,267181,00.html"
 
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  • #71
edward said:
So we invaded Iraq and when we did we lost Afghanistan.

We were never going to win either scenario. The point however, is that there is a measurable dilution of terrorist capacity to plan and execute mass casualty events. I believe that could have been achieved with means that fall short of invasion, and of course Iraq was simply insane and tangential.
 
  • #72
mheslep said:
Afghanistan is "lost"? Since 2003 and the Iraq invasion? Apparently that kind of insight is qualification for the US Senate.
http://www.foxnews.com/story/0,2933,267181,00.html"

Iraq was and could have continued to be an effective foil to Iran, and insulation between Iran and Israel, which is why we armed and supported them in the first place. Bush Sr. realized the strategic importance of this, and far from lacking conviction in leaving short of Bagdhad, he made a wise choice for the future. Bush W. and his advisers obviously lacked that vision, and were deluded in the believe that they could improve this situation. Time has shown they were wrong.
 
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  • #73
I guess I missed the part where after the WTC towers fell the American government folded like a cheap suit and the Taliban moved into take over.

Was it a horrible tragedy? Yes. Should we work to stop it from ever occurring again? Yes. Are the stakes involved anything remotely resembling "controlling the world"? No. That's simply not true, and to suggest otherwise is nonsense.

Please give a demonstration on Islamic terrorists ability to dominate economic, political and military spheres of influence across the globe. Not influence via attacks, but to actually control. Otherwise, cut the nonsense out and let's move on to something productive
 
  • #74
Office_Shredder said:
I guess I missed the part where after the WTC towers fell the American government folded like a cheap suit and the Taliban moved into take over.

Was it a horrible tragedy? Yes. Should we work to stop it from ever occurring again? Yes. Are the stakes involved anything remotely resembling "controlling the world"? No. That's simply not true, and to suggest otherwise is nonsense.

Please give a demonstration on Islamic terrorists ability to dominate economic, political and military spheres of influence across the globe. Not influence via attacks, but to actually control. Otherwise, cut the nonsense out and let's move on to something productive

Indonesia, The Philippines, Iran, problems emerging in Iraq, Israel's issues with the "right of return", The House of Saud's control through (among other mechanisms) Wahhabi Islam, Northern Africa such as the Sudan, and to some extent Egypt. There is a competing culture, and one that seeks a world of Muslims, connected in fellowship. Given the sheer numbers, that implies a measure of control, much as Catholicism enjoys in Italy and elsewhere.
 
  • #75
mheslep said:
That's counter-factual and incoherent.

That is a meaningless statement without support, reflecting only your personal opinion.
 
  • #76
mheslep said:
Interesting Cyrus, you dropped a word from Desiree's post that makes all the difference: long. The major reason debt/GDP bares watching is because lenders use it as a risk metric in deciding what interest rate they will demand, or whether they will lend at all in the future. The Greek crisis recently emphasized this point. That is, the key is whether or not lenders believe they will continue to be paid back in the long term. Thus war debt, especially for major powers, presents very little risk when it is run up, because wars inevitably come to an end, public sentiment for democracies is overwhelming in agreement to end them as soon as possible. As economists say, war spending, being temporary, is not structural.

Entitlement programs on the other hand such as Greece's early retirement benefits and the US's Medicare tend to have no end, have wide public sentiment to continue them (via robbing Peter to pay Paul as Disiree points out), tend to continually expand, forever as far as I can see, until they either collapse upon themselves or until they cause the state to default on its debt. Entitlement programs are structural. The point of all this is that comparing the US current debt and its trajectory to WWII debt is misleading from the stand point of the lender, the bond holder, the banker. From where they stand, the US has never had this kind of structural debt load in its entire history, not anything close to it.

BTW, updating the chart to this year has the US debt to GDP ratio at 87.5% as of May 2010.

http://zfacts.com/metaPage/lib/National-Debt-GDP.gif

One thing on this, I agree with you on most of it, however, cannot war debts still present a major risk to a nation? I had been reading how while it can be "obvious" from a historical standpoint that a major war is likely to occur, often at the time right prior to the war, the people are unaware.

One way to test this I had read is to look at the prices of bonds of nations right before the war. Bond prices will plummet if the general population knows a war is coming because they know that the countries will have to run up massive debts and deficits to finance the war, and will thus dump the bonds.

So wouldn't war debts still be risky? Yes wars are temporary, but they can still last a long time...?
 
  • #77
CAC1001 said:
One thing on this, I agree with you on most of it, however, cannot war debts still present a major risk to a nation? I had been reading how while it can be "obvious" from a historical standpoint that a major war is likely to occur, often at the time right prior to the war, the people are unaware.

One way to test this I had read is to look at the prices of bonds of nations right before the war. Bond prices will plummet if the general population knows a war is coming because they know that the countries will have to run up massive debts and deficits to finance the war, and will thus dump the bonds.

So wouldn't war debts still be risky? Yes wars are temporary, but they can still last a long time...?
It sounds like the risk you refer to above would be inflation risk, in that lenders may expect the government to inflate the money supply (print money) which makes it easier for the government to pay off the war debt but devalues the bonds. However, I don't see much risk of default caused by war debt, causing a wide spread collapse. The Afghanistan war is the longest (hot) war in US history and it has nothing the like the lifespan of US federal entitlement programs, nor the growth potential, nor the public support to continue out over the horizon.
 
  • #78
mheslep said:
The Afghanistan war is the longest (hot) war in US history and it has nothing the like the lifespan of US federal entitlement programs, nor the growth potential, nor the public support to continue out over the horizon.

Well, some wars have been longer: Vietnam was 1962-73, the Philippine Insurrection was 1899-1913, and the Indian Wars 1790-1891.
 
  • #79
CAC1001 said:
One thing on this, I agree with you on most of it, however, cannot war debts still present a major risk to a nation?
...
So wouldn't war debts still be risky? Yes wars are temporary, but they can still last a long time...?
Certainly, but you have to weigh risks against each other. In WWII, the risk of debt is weighed against the risk (fallout) of Nazi Germany taking over all of Western Europe.
 
  • #80
russ_watters said:
Certainly, but you have to weigh risks against each other. In WWII, the risk of debt is weighed against the risk (fallout) of Nazi Germany taking over all of Western Europe.

There was also the patriotic sale and purchase of War Bonds, and then Victory Bonds, which I think reflects your calculation of relative risk.
 
  • #81
nismaratwork said:
There was also the patriotic sale and purchase of War Bonds, and then Victory Bonds, which I think reflects your calculation of relative risk.
I'm not quite following. Those were the debt.
 
  • #82
CAC1001 said:
Well, some wars have been longer: Vietnam was 1962-73, the Philippine Insurrection was 1899-1913, and the Indian Wars 1790-1891.
In terms of war debt, the topic of the moment, the US didn't have any ground troop levels of consequence in Vietnam until '65. Likewise the scale of those other conflicts would have no need for the issuance of any debt to pay for them.
 
  • #83
russ_watters said:
I'm not quite following. Those were the debt.

The argument was made earlier that people would dump bonds and avoid their purchase in times of war. I am making the point that while that can be the case, it is not always the case. Maybe it would be better to say that WWI, WWII, the most active phase of the Korean War, conform to the notion that war-debt is fleeting. We are yet to see how modern wars will play out, when there is great waste for little gain, including an imperative for self-defense.

There is the fallout from war; Vietnam vets with broken families and minds, and the TBIs being racked up in these current conflicts. We did little for the veterans of Vietnam, so maybe that cost was minimal, but there is impetus to care for those injured, and a wider view of what constitutes injury, in modern wars. What happens when wars spawn their own entitlement programs, out of the necessity of treating PTSD, TBI's, amputation and burns, and the public is unwilling to ignore this? Wars, and the weapons of war are evolving, and as both do, how they impact our economy may not be as easy as a chart of past GDP %'s.
 

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