Want to know what we could have done with all of the money we’ve wasted in the last 20 years​? Look at China
Photo by Toby Yang on Unsplash

All the recrimination-filled reporting and commentary about how fast Afghanistan fell to the Taliban after President Biden made the courageous decision to finish withdrawing our troops miss a much more important story.

This story concerns why Americans can't have nice things anymore while our main economic competitor, China, is investing in a lucrative and influential future. It's the story of jettisoning the sensible Powell Doctrine on military action in favor of chronic combat that creates enormous fortunes for investors in the military-industrial complex, all enabled by jingoistic political cowardice in Washington.

For two decades our elected leaders foolishly spent our money trying to impose democracy at the point of a rifle in a country with no democratic culture or tradition.

To date, United States taxpayers have spent about $2.3 trillion on an undeclared war that cost 2,448 American servicemen and women their lives as well as the lives of more than 100,000 Afghanis.

This butcher bill comes to more than $6,000 for each American man, woman, and child. Our elected leaders borrowed all that money because of federal tax cuts in 2001, 2003, 2004, 2006, 2009, 2010, 2012, and 2017.

America would be far better off today had Congress built a giant bonfire with all those greenbacks.

Cutting taxes in a time of war is as dumb an idea as ever infected American politics.

America would be far better off today had Congress built a giant bonfire with all those greenbacks. Seriously.

That's because the costs of this foolish enterprise will continue until the last eligible dependent of an Afghan combat veteran dies sometime near the dawn of the 23rd Century.

Last Civil War Check

It wasn't until last year when Irene Triplett died and her $73.13 monthly check stopped, that American taxpayers paid out the last pension from the Civil War, which ended in 1865.

The total ultimate Afghan war bill? More than $6.4 trillion, according to the Cost of War Project at Brown University. That's more than $100,000 for the iconic family of four.

There's a good chance that estimate will prove low because our government instilled hatred of America and democracy among many of the 35 million Afghanis. Once the Taliban completes their bloodbath—executing American collaborators, women who dared work outside the home, and other infidels—they are likely to hunt for ways to exact revenge on us. After all, we'd do the same —in fact, we already have.

And all this approved without a declaration of war, as required by our Constitution.

While our elected officials squandered money on an undeclared war that drained our economy, the dictatorial regime in Beijing bought China a bright future.

No Better Life

China spends more than 5.5% of its economy on infrastructure. America spent about 3.1% of the economy on steel and concrete infrastructure way back in 1980 before more than half of today's Americans were born. In recent years American infrastructure investment has been slashed by half to a record low.

None of this Afghan war spending bought us a better life. None of it was an investment in the public, which is the commonwealth foundation on which private wealth is built.

That money didn't maintain or build new roads, dams, bridges, rail lines and public buildings that could last centuries if adequately designed and constructed. It didn't buy textbooks or strengthen our third-rate grid in this electricity-dependent Digital Age.

It bought bullets and bombs that become useless once they go off. And the overwhelming majority of those killing devices were wasted because they failed to kill their targets and, worse, often killed innocents, including women and children.

China, in contrast, didn't spend its money on wars. Indeed, China hasn't been in a war in this century, though it brutally oppresses those within its grasp who challenge its totalitarian control.

Creating Wealth

Instead, China invested in public furniture that makes commerce more efficient, shrinks its carbon footprint, reduces rural poverty and expands influence beyond its borders. Those investments create jobs galore and, in turn, wealth.

"Infrastructure investment in China has increased significantly in recent decades and has been a significant driver of economic growth and improved standards of living," according to the Reserve Bank of Australia.

The can-do spirit has been throttled in America by petty politicians like the anti-taxers who insist we cannot afford to invest in the public's welfare. Be it making college tuition-free or nearly so or taking care of our existing infrastructure. They stand for tax cuts for the rich and the big companies that their patrons own. At the same time, they oppose building new and refuse to recognize that electricity, cell phones and the internet are core necessities of life in the Digital Age.

The can-do spirit, however, is not gone from this Earth. It's just moved to China, which in 43 hours tore down and replaced a multi-lane highway bridge in Beijing, as this fantastic brief video shows.

Think about how long it takes to get anything done in America these days.

In just 10 years, starting in 2008, China built nearly 16,000 miles of high-speed rail. That more than doubled total global high-speed rail.

How many miles of high-speed rail carry passengers in America? None.

This smart CNBC program explains why America has no high-speed rail and how we also lost many urban rail transit systems in the post-war era.

China isn't afraid of debt either.

Investing in the Future

China's infrastructure investments, private and public, are essentially 90% debt-financed. From 2000 to 2014, China invested the equivalent of $29.1 trillion U.S. dollars in infrastructure while issuing $26.1 trillion of debt, researchers at Oxford University calculated.

Our Congress is in a lather about just $1 trillion for traditional infrastructure.

To a person, the Republicans won't consider a separate bill that defines infrastructure in human terms with money for housing, expanded education, cash to lift children out of poverty, climate change mitigation, rural internet access, and investments in science.

From my many visits to China in this century, it's evident that the regime there builds smooth roads on very deep beds of rock, assuring potholes will be rare, not as in America standard.

These long-lasting Chinese highways with extensive lanes put to shame the German Autobahn, which puts to shame our cheapskate Interstate highway system.

America thinks in terms of 90-day corporate financial reports and two-year election cycles. China's leaders think in terms of decades and centuries.

America has literally gone backward in some areas since 1863.

During the Civil War, the president of the New York Central worked in Manhattan but lived in Batavia, midway between Rochester and Buffalo in Western New York. Dean Richmond took his private rail car down to arrive at work Monday morning and returned home late Friday supper.

The trips he took in 1863 took 90 minutes less than today.

If we built the kind of trains that China already has, then Batavia to Manhattan could take under two hours, not eight.

If America seriously invested in infrastructure, we could build elevated mag-lev trains like the one connecting the Shanghai airport to the edge of that city. The repulsive force of magnets liftsrail passenger cars millimeters above the tracks so trains can run at a friction-free 300 miles per hour. Put such trains in vacuum tubes, and you could go from L.A. to Manhattan in less time than it takes to reach JFK from Manhattan or LAX from Beverly Hills. All while using a tiny fraction of the energy a jetliner uses per passenger today to connect those megacities.

But instead of working toward such goals, we squabble over the scraps left over after wasting blood and treasure in a war that had no purpose except to catch those behind the awful attack on us almost two decades ago.

We had good reason to enter Afghanistan in 2001 after Osama bin Laden's fanatical followers crashed jetliners into both World Trade Towers, the Pentagon and tried to hit the fourth target until passengers bravely brought down that plane in the Pennsylvania countryside.

The Real Vietnam Comparison

The 2001 invasion should have followed the Powell Doctrine, named for Colin Powell, the former chairman of the Joint Chiefs of Staff and later Secretary of State. He said a lesson of Vietnam is that America should use military force only when national security demanded it and then only after building overwhelming global support and applying overwhelmingly military force.

Instead of applying that doctrine to find and kill bin Laden and his confederates, the inexperienced George W. Bush agreed with conservative fanatics that said we could buy our way into capturing our enemies.

Air Force cargo planes stuffed with American dollars flew to the Middle East during the Afghan and Iraq wars. We gave quite literally tons of greenbacks to warlords who promised to catch bin Laden and his pals. They lied.

They took our money and hid the mastermind of 9/11. President George W. Bush declared in 2004 that he was "not concerned" about finding bin Laden.

Not until Barack Obama became president was our military told to find and capture him, as they did on May 2, 2011.

But Obama, like Trump, lacked the political nerve to do what Biden did – stop investing in a bad decision to keep troops in Afghanistan.

Be glad we pulled out troops this month because Biden said "enough." Don't be surprised that the Taliban are in control of that country. They were always going to come out on top, be it this month, 10 years ago or 100 years from now.

And be glad the ultimate total cost of this folly is only about $100,000 per family because it could have gone on forever, the costs piling higher and higher every day because of the political cowardice of George W. Bush, Barack Obama and Donald Trump.

And, now, please think about all the good things we could be investing in to make our lives better had we elected politicians who read and understand our first president's farewell warning about foreign entanglements and our 34th president, Dwight Eisenhower, whose farewell warning about the dangers of our military-industrial complex.

Of course in a democracy, we chose our leaders so we know ultimately who is to blame for why we can't afford nice things and we are falling behind China: Ourselves.