1 / 12

War, The Economy and The Health of our Communities hosted by East Bay Citizens for Peace

War, The Economy and The Health of our Communities hosted by East Bay Citizens for Peace April, 2011. Direct Costs of War: Iraq War: $790 billion, as of March 2011 $9 billion per month average cost $3.12 billion, cost to RI Afghanistan War: $386 billion, as of March 2011

ahanu
Download Presentation

War, The Economy and The Health of our Communities hosted by East Bay Citizens for Peace

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. War, The Economy and The Health of our Communities hosted by East Bay Citizens for Peace April, 2011

  2. Direct Costs of War: Iraq War: $790 billion, as of March 2011 $9 billion per month average cost $3.12 billion, cost to RI Afghanistan War: $386 billion, as of March 2011 $1.55 billion, cost to RI Total: $1.12 trillion, as of March 2011 $4.67 billion, cost to RI Source: National Priorities Project, Cost of War project, http://costofwar.com/en/

  3. Rhode Island’s Economy $47 billion, GDP in 2009 or $41,000 per person $54,562 median household income in 2008 408,424 households $7.66 billion, budget of RI State Government 2012 $3.17 billion from general revenue $2.55 billion from federal funds $1.72 billion from other sources $209.5 million from restricted or dedicated fee funds $295 million projected deficit

  4. US Federal Budget 2010 $3.55 trillion $2 trillion mandatory $1.55 trillion discretionary

  5. US Federal Budget Exercise

  6. A 25 Percent Solution: Withdraw in a timely fashion from Iraq = $105 billion in year one Withdraw from Afghanistan = 25 billion Eliminate wasteful weapons systems = 33 billion Reduce active nuclear warheads = 16 billion Close half of US overseas military bases = 51 billion Trim unused air wings and sea forces = 5 billion Eliminated waste in procurement and operations = 20 billion Total: $255 billion, or 25 percent of Federal Budget’s discretionary spending

  7. $1 billion in Federal spending creates 8,555 jobs for defense 17,687 jobs for education and 19,795 for mass transit. Source: Robert Pollin and Heidi Garrett-Peltier, (2007) The U.S. Employment Effects of Military and Domestic Spending Priorities. Amherst: University of Massachusetts.

  8. Some resources: New Priorities Network: http://newprioritiesnetwork.org/resources 25 Percent Solution: http://www.25percentsolution.com/ Friends Committee on National Legislation, Rebalancing Our Nation’s Checkbook http://fcnl.org/issues/checkbook/

More Related