Forgot Password
Pentax Camera Forums Home
 

Reply
Show Printable Version Search this Thread
12-13-2012, 10:57 AM   #1
Veteran Member
jeffkrol's Avatar

Join Date: Sep 2006
Location: Wisconsin USA
Photos: Gallery
Posts: 8,434
1 billion.. a rounding error..;)

for those SOOO darn worried about "our" tax dollars....................

How the Pentagon Spends $170 Billion | Mother Jones


QuoteQuote:
How much does the United States spend each year occupying the planet with its bases and troops? How much does it spend on its global presence? Forced by Congress to account for its spending overseas, the Pentagon has put that figure at $22.1 billion a year. It turns out that even a conservative estimate of the true costs of garrisoning the globe comes to an annual total of about $170 billion. In fact, it may be considerably higher. Since the onset of "the Global War on Terror" in 2001, the total cost for our garrisoning policies, for our presence abroad, has probably reached $1.8 trillion to $2.1 trillion.

How Much Do We Spend?

By law, the Pentagon must produce an annual " Overseas Cost Summary" (OCS) putting a price on the military's activities abroad, from bases to embassies and beyond. This means calculating all the costs of military construction, regular facility repairs, and maintenance, plus the costs of maintaining one million US military and Defense Department personnel and their families abroad—the pay checks, housing, schools, vehicles, equipment, and the transportation of personnel and materials overseas and back, and far, far more.

The latest OCS, for the 2012 fiscal year ending September 30th, documented $22.1 billion in spending, although, at Congress's direction, this doesn't include any of the more than $118 billion spent that year on the wars in Afghanistan and elsewhere around the globe.

While $22.1 billion is a considerable sum, representing about as much as the budgets for the Departments of Justice and Agriculture and about half the State Department's 2012 budget, it contrasts sharply with economist Anita Dancs's estimate of $250 billion. She included war spending in her total, but even without it, her figure comes to around $140 billion—still $120 billion more than the Pentagon suggests.

Wanting to figure out the real costs of garrisoning the planet myself, for more than three years, as part of a global investigation of bases abroad, I've talked to budget experts, current and former Pentagon officials, and base budget officers. Many politely suggested that this was a fool's errand given the number of bases involved, the complexity of distinguishing overseas from domestic spending, the secrecy of Pentagon budgets, and the "frequently fictional" nature of Pentagon figures. (The Department of Defense remains the only federal agency unable to pass a financial audit.)

Ever the fool and armed only with the power of searchable PDFs, I nonetheless plunged into the bizarro world of Pentagon accounting, where ledgers are sometimes still handwritten and $1 billion can be a rounding error.
QuoteQuote:
Military spending creates fewer jobs per million dollars expended than the same million invested in education, health care, or energy efficiency—barely half as many as investing in schools. Even worse, while military spending clearly provides direct benefits to the Lockheed Martins and KBRs of the military-industrial complex, these investments don't, as economist James Heintz says, boost the "long-run productivity of the rest of the private sector" the way infrastructure investments do.

To adapt a famous line from President Dwight Eisenhower: every base that is built signifies in the final sense a theft. Indeed, think about what Dal Molin's half a billion dollars in infrastructure could have done if put to civilian uses. Again echoing Ike, the cost of one modern base is this: 260,000 low-income children getting health care for one year or 65,000 going to a year of Head Start or 65,000 veterans receiving VA care for a year.



Last edited by jeffkrol; 12-13-2012 at 11:02 AM.
Reply

Bookmarks
  • Submit Thread to Facebook Facebook
  • Submit Thread to Twitter Twitter
  • Submit Thread to Digg Digg
Tags - Make this thread easier to find by adding keywords to it!
base, bases, billion, budget, care, cost, costs, half, million, pentagon

Similar Threads
Thread Thread Starter Forum Replies Last Post
Metz 48 AF-1 Error DJey Flashes, Lighting, and Studio 7 12-15-2016 11:09 AM
Apple triumphs over Samsung, awarded over $1 billion damages jogiba General Talk 40 08-31-2012 07:40 AM
how to waste a billion dollars jeffkrol General Talk 30 01-20-2011 05:18 PM
Time to START rounding! mattdm Pentax News and Rumors 16 09-22-2010 10:51 PM
What's a Billion ? Fl_Gulfer General Talk 14 02-12-2010 09:59 AM



All times are GMT -7. The time now is 09:09 PM. | See also: NikonForums.com, CanonForums.com part of our network of photo forums!
  • Red (Default)
  • Green
  • Gray
  • Dark
  • Dark Yellow
  • Dark Blue
  • Old Red
  • Old Green
  • Old Gray
  • Dial-Up Style
Hello! It's great to see you back on the forum! Have you considered joining the community?
register
Creating a FREE ACCOUNT takes under a minute, removes ads, and lets you post! [Dismiss]
Top