9/11 and the Economy: Counting the $5 Trillion in Costs to America

September 2, 2011

Nor Cal Truth   Sep 2, 2011

Al Jazeera provided an interactive breakdown on how much 9/11 has cost  to the American economy in 10 years.

I have outlined it below in short; further down is the longer version with explanation details for each main and sub-category. It is stated that many of these categories are conservative calculations and that many categories are certain to rise in cost.

Note: $5 trillion dollars is equal to 5 million millions.

Counting the Cost:   $5,000,000,000,000   ($5 Trillion)

DEBT – $983 billion:

  • Interest to Date……………..$183 Billion
  • Future Interest………………$800 Billion

MILITARY – $1.73 trillion:

  • War in Iraq…………………….$758 billion
  • War in Afghanistan…………$416 billion
  • Pentagon Base Budget…..$425 billion
  • State/USAID: ………………..$67 billion
  • Health Care……………………$31 billion
  • Operation Noble Eagle…..$29 billion
ECONOMY – $278 billion:
  • Tourism ………………………..$163 billion
  • NYC Economy……………….$52 billion
  • Insurance……………………..$39 billion
  • Property Damage………….$18 billion
  • First Responders…………..$5 billion
  • Aviation………………………..$1 billion

FUTURE MILITARY – $1.38 trillion:

  • Disability……………………….$586 billion
  • Future War Spending……$441 billion
  • Future Health Care ………$348 billion

DOMESTIC – $540 billion:

  • DHS Base Budget……….$311 billion
  • Intelligence…………………$168 billion
  • TSA…………………………….$57 billion
  • State/Local…………………$3 billion

Read the rest of this entry »