The way that the war has been paid for is predicted to rising levels of social inequality in this country as well. Compared to past wars, if you look t like world war too, there were war bondsdnd. In the korean war, it was entirely paid for through raising taxes. The combination, to day, of tax cuts and war borrowing, not just, you know, from foreign lenders, but also kind of institutions within the us. And wealthy individuals. That's predicted to even higher rates ofsocial inequality in the aftermath of the war. We should take nothing for granted. Only an alert and knowledgeable citizenry can compel the proper meshing of the huge industrial and military machinery
The Department of Defense tracks how much US wars cost, but last week President Biden cited instead accounting from the Costs of War Project at Brown University. Its co-director, Stephanie Savell, explains why.
Today’s show was produced by Victoria Chamberlin with help from Hady Mawajdeh, edited by Matt Collette, engineered by Efim Shapiro, fact-checked by Laura Bullard, and hosted by Sean Rameswaram.
Transcript at vox.com/todayexplained.
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