To end extreme poverty worldwide in 20 years, Sachs calculated that the total cost per year would be about $175 billion.
Get a globe and spin it. Jab your finger down at random and, without doubt, you will have located a spot entangled in war, revolution, rebellion, terrorism, famine, plague, drought, dictatorship, poverty and/or illiteracy.
If I told you the year was 1810, you wouldn’t be surprised. Tragically if I told you the year was 2014, you wouldn’t be surprised, either.
So are we getting value for money. CAN WE AFFORD IT! HAVE A LOOK:
INTERNATIONAL SPACE STATION:
The cost of the International Space Station, including development, assembly and running costs over 10 years, comes to €100 billion.
The good news is that it comes cheaper than you might think.
That €100 billion figure is shared over a period of almost 30 years between all participants: the United States, Russia, Canada, Japan and 10 of the 20 European nations who are part of ESA.
The European share, at around €8 billion spread over the whole program, amounts to just one Euro spent by every European every year: less than the price of a cup of coffee in most of our big cities. NOT BAD
The European Organization for Nuclear Research, commonly known as CERN, announced that its Large Hadron Collider had discovered a particle that’s consistent with that of the Higgs boson.
The Large Hadron Collider took about a decade to construct, for a total cost of about $4.75 billion. There are several different experiments going on at the LHC, including the CMS and ATLAS Detectors which discovered the Higgs boson.
CERN contributes about 20% of the cost of those experiments, which is a total of about $5.5 billion a year. The remainder of the funding for those experiments is provided by international collaborations. Computing power is also a significant part of the cost of running CERN – about $286 million annually.
Electricity costs alone for the LHC run about $23.5 million per year.
The total operating budget of the LHC runs to about $1 billion per year.
Taking all of those costs into consideration, the total cost of finding the Higgs boson ran about $13.25 billion.
The combined cost of replacing the Trident nuclear missile system and building, equipping and running two large aircraft carriers will be as much as £130bn,
The Apollo moon landings are considered the greatest achievement in human history and the beginning of humanity’s expansion into the universe. At its height over 400,000 people were directly or indirectly involved in the project. But what was the cost?
Apollo Spacecraft – $5.3 Billion
Saturn Rockets – $8.7 Billion
Other Costs – $11.4 Billion
The Total Estimated Cost in 1969 Dollars is $25.4 Billion and $145 Billion in 2007 Dollars.
Human costs: The lives of 3 astronauts: Gus Grissom, Ed White, and Roger Chaffee.
The US spent $20 to $25 billion US (in 1969 dollars) to fund all of the Apollo program activities.
The U.S. war in Iraq has cost $1.7 trillion with an additional $490 billion in benefits owed to war veterans, expenses that could grow to more than $6 trillion over the next four decades counting interest.
The war has killed at least 134,000 Iraqi civilians and may have contributed to the deaths of as many as four times that number, according to the Costs of War Project by the Watson Institute for International Studies at Brown University.
The 2011 study said the combined cost of the wars was at least $3.7 trillion, based on actual expenditures from the U.S. Treasury and future commitments, such as the medical and disability claims of U.S. war veterans.
That estimate climbed to nearly $4 trillion
The estimated death toll from the three wars, previously at 224,000 to 258,000, increased to a range of 272,000 to 329,000 two years later.
Excluded were indirect deaths caused by the mass exodus of doctors and a devastated infrastructure, for example, while the costs left out trillions of dollars in interest the United States could pay over the next 40 years.
The 2011 study found U.S. medical and disability claims for veterans after a decade of war totaled $33 billion. Two years later, that number had risen to $134.7 billion.
The report concluded the United States gained little from the war while Iraq was traumatized by it.
The war reinvigorated radical Islamist militants in the region, set back women’s rights, and weakened an already precarious healthcare system, the report said.
Meanwhile, the $212 billion reconstruction effort was largely a failure with most of that money spent on security or lost to waste and fraud.
IRAQ AFGHANISTAN WARS COMBINED:
The cost of the wars in Iraq and Afghanistan could reach as high as $6 trillion dollars – or $75,000 for every household in America – a new study from Harvard University has found.
Europe’s Rosetta comet-chaser satellite.
On Jan. 20 awakened itself on schedule after a 31-month hibernation and began preparations for a spring rendezvous with a comet and a fall attempt to attach a probe to it. Rosetta cost ESA and its participating member states some 1.3 billion euros ($1.75 billion), a figure that includes the Airbus Defence and Space-built satellite, the Philae lander, launch aboard a European Ariane rocket and its planned operations.
THE COST OF 9/11.
Since the terrorist attacks of September 11, 2001, Congress has appropriated more than a trillion dollars for military operations in Afghanistan, Iraq, and elsewhere around the world. The House and Senate are now considering an additional request for $33 billion in supplemental funding for the remainder of FY2010, and the Administration has also requested $159 billion to cover costs of overseas operations in FY2011.
In the face of these substantial and growing sums, a recurring question has been how the mounting costs of the nation’s current wars compare to the costs of earlier conflicts.
HERE IS THE COST TO USA IN getting involved in recent Wars. (Not the two world wars and all of its own wars since it founders.)
In the 10 years since U.S. troops went into Afghanistan to root out the al Qaeda leaders behind the September 11, 2001, attacks, spending on the conflicts totaled $2.3 trillion to $2.7 trillion.The final bill will run at least $3.7 trillion and could reach as high as $4.4 trillion, according to the research project “Costs of War” by Brown University’s Watson Institute for International Studies.
COST OF USA SUPPORT OF ISRAEL
All estimates are of the costs of military operations only and While it is commonly reported that Israel officially receives some $3 billion every year in the form of economic aid from the U.S. government, this figure is just the tip of the iceberg.
There are many billions of dollars more in hidden costs and economic losses lurking beneath the surface.
A recently published economic analysis has concluded that U.S. support for the state of Israel has cost American taxpayers nearly $3 trillion ($3 million millions) in 2002 dollars.
According to the Congressional Research Service , the amount of official US aid to Israel since its founding in 1948 tops $121 billion (adjusting for inflation, $233.7 billion as of March 2013), and in the past few decades it has been on the order of $3.1 billion per year this amounted to $8.5 million every single day.
MIND BOGGLING TO SAY THE LEAST.
This represents less than one percent of the combined income of the richest countries in the world. The military budget in the USA is about $680 billion per year.
VALUE FOR MONEY The UN hasn’t done enough good, and has caused enough damage for a top-to-bottom reconsideration of its future.
A full legal argument against the UN. would make a formidable document.
A snapshot of its failures will more than suffice.
Going back to its own charter, we see that the mission of the UN is split between peacekeeping and humanitarian efforts.
The cost of running the United Nations is substantial. According to its own data, “The UN system spends some $15 billion a year, taking into account the United Nations, UN peacekeeping operations, the programmes and funds, and the specialized agencies, but excluding the World Bank, the International Monetary Fund (IMF) and the International Fund for Agricultural Development (IFAD).
Around half of this amount comes from voluntary contributions from Member States, the rest from mandatory assessments on those States.
That comes out to a little more than $2 for every man, woman and child on the planet.
Cost of running THE UK Parliament:
Houses of Parliament.
The cost of running the Houses of Parliament fell by more than £30m last year to just under £500m. The cost of the House of Commons increased by more than £12m,
MPs’ wages and pensions were the biggest single outgoing which came to £157.2m this figures include wages for members and staff, building expenses, security and other administration.
The amount spent on MPs’ salaries and pensions rose by almost £6m.
The overall expense for taxpayers in 2008/9 came to £498.4m, down from £531.8m the previous year.
However the good news is that the cost of running the House of Lords was reduced by £46m.
The reason for this was that the amount spent on what is listed as “other administration costs” went down from £89.8m to £39.8m. However, the total cost of keeping the Commons going increased from £379.2m to £391.8m.
In 2008/9 the cost of running the Lords fell from £152.5m to £106.5m. A Lords spokesman said that the 2007/8 accounts included a final payment of £26m towards the purchase of 1 Millbank, a new addition to the Parliamentary estate.
They also included a £23m loss, following a revaluation of the entire Parliamentary estate, a process which is carried out every five years.
VALUE FOR MONEY? YOU TELL ME.
BELOW A FEW PICTURES TO REMIND YOU OF WHO YOU WALK BYE EVERY DAY.
This post I feel needs a personal statement.
“ As much as I appreciate that all of the above keep people off the street and that the landing on a moon or meteorite with or without the Higgs Boson advances mankind knowledge and brings benefits of all sort yet to be seen.
The whole lot seems to me to be useless until we put our own house in order.”
WITH 80% OF HUMANITY LIVING ON LESS THAN $10 DOLLARS A DAY AND 22,000 CHILD DEATHS EACH AND EVERY DAY SURELY IT IS TIME TO COP ON.
Advice is what we ask for when we already know the answer but wish we didn’t.