A Reckoning

The Price Tag for America's Wars

Ronald Osborn July 12, 2010 - 2:46pm

Republican lawmakers have declared that President Barack Obama’s new health-care law will literally bankrupt the nation, driving small businesses into ruin and millions of Americans into penury. And yet despite its continuing economic woes, the United States remains the richest nation in the world, with an annual GDP (currently in the range of $15 trillion) three times greater than the world’s next largest economies, China and Japan.

How is it, then, that the world’s most prosperous...

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Topics: 
Domestic Affairs
Foreign Affairs
War and Peace

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About the Author

Ronald Osborn is a Bannerman Fellow with the Program in Politics and International Relations at the University of Southern California, and the author of Anarchy and Apocalypse (Cascade Books).

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