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The political climate created by the Global War on Terror, or GWOT, as Bush administration officials quickly dubbed it, set the stage for humongous increases in the Pentagon budget. In the first year after the 9/11 attacks and the invasion of Afghanistan, defense spending rose by more than 10% and that was just the beginning. It would, in fact, increase annually for the next decade, which was unprecedented in American history. The Pentagon budget peaked in 2010 at the highest level since World War II — over $800 billion, substantially more than the country spent on its forces at the height of the Korean or Vietnam Wars or during President Ronald Reagan’s vaunted military buildup of the 1980s. More

The post How Corporations Won the War on Terror appeared first on CounterPunch.org.


This content originally appeared on CounterPunch.org and was authored by William Hartung.

Citations

[1] How Corporations Won the War on Terror - CounterPunch.org ➤ https://www.counterpunch.org/2021/09/22/214871/[2] How Corporations Won the War on Terror - CounterPunch.org ➤ https://www.counterpunch.org/2021/09/22/214871/[3] Home - CounterPunch.org ➤ https://www.counterpunch.org/