The Soaring Profits of the Military-Industrial Complex, The Soaring Costs of Military Casualties | Global Research

n the face of rising domestic pressure to reduce the budget deficit and cut military spending, the US military-industrial complex and its Zionist accomplices are fighting to retain their share by eliminating programs designed to serve the health needs of active and retired soldiers. Soaring disability costs related to the recent wars will continue for decades. Veteran health care costs are expected to double to 15% of the defense budget in the next five years. The huge public cost of caring for soldiers and veterans means “bad news for defense stocks” according to financial analysts Barron’s, 6/9/14, p. 19.This is reason why the arms industries promote the closure of scores of Veterans Administration hospitals and a reduction in retiree benefits, using the pretext of fighting fraud, incompetence and poor quality service compared with the ‘private sector’. The same corporate warlords and lobbyists who clamor to send US troops to back to Iraq and to new wars in Syria and Ukraine, where young lives, limbs and sanity are at great risk, are also in the forefront of a fight to slash funding for the veterans’ medical care. Economists have long noted that the more dollars spent on veterans’ and military retirees’ health care, the less allocated for war materials, ships and aircraft. Today it is estimated that over $900 billion dollars will have been spent on long-term VA medical and disability services for veterans of the wars in Afghanistan and Iraq. That number is clearly set to rise with each new intervention.

via The Soaring Profits of the Military-Industrial Complex, The Soaring Costs of Military Casualties | Global Research.

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