The War on Poverty started in 1964 in response to difficult economic conditions and now some 40 years later, we still have more than 35.9 million Americans living in poverty. (or 12% of Americans, including 12.1 million children)
The War on Drugs started in 1971 to curb supply for psychoactive substances deemed harmful by the government. Now, some 37 years later, we still have to spend billions per year in this effort. (Roughly $12 billion in 2005 alone)
The War on Terrorism was launched in 2001 in response to the attacks of 9/11.
Before the war, the White House estimated the cost at $50 billion. After 7 years of fighting, we have paid close to $600 billion and may be looking at ‘100 years in Iraq’.
The US budget for Iraq in FY 2007 came to $4,988/Iraqi, or triple Iraq’s per-person GDP.
It’s like spending $121,000 per person ($484,000 per family of 4) in the US.
Like it or not, War is the fastest growing segment of our economy.
The astronomical ammounts of money being spent on homeland security, national defense, and nation building offer unprecedented opportunities for savvy citizens to gain financial independence while defending our country against terrorism.
“Follow the money…..” Quote: All the President’s Men (1976)
http://en.wikipedia.org/wiki/War_on_Poverty
http://en.wikipedia.org/wiki/War_on_drugs
http://en.wikipedia.org/wiki/War_on_Terrorism
http://www.cnn.com/2008/POLITICS/02/14/mccain.king/
