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Saturday
Sep102011

Reflecting on 9-11: What the War on Terror Has Cost the US...and Us (Dunn)

The near decade of war that followed the attacks has been destructive of America’s geopolitical position. The two wars have cost the US more than $3 trillion and have been fought, unlike all previous wars, while simultaneously cutting taxes. The result, together with the 2008 financial crisis, is that the US is $14 trillion in debt, is in a deep recession, and is too politically divided to agree a pathway out of this crisis.

Geopolitically, while the US has focused on the Middle East, the international system has been dominated over the last decade by the rise of new emerging powers, most notably China, but also by India, Brazil, Russia and others.

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