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208

Israel's defence against Iran attack overnight 'likely cost over $1bn' (www.middleeasteye.net)

submitted 5 months ago by Linkerbaan@lemmy.world to c/world@lemmy.world

97 comments fedilink hide all child comments

It cost Israel more than $1bn to activate its defence systems that intercepted Iran's massive drone and missile attack overnight, according to a former financial adviser to Israel's military.

"The defence tonight was on the order of 4-5bn shekels [$1-1.3bn] per night," estimated Brigadier General Reem Aminoach in an interview with Ynet news.

"If we're talking about ballistic missiles that need to be brought down with an Arrow system, cruise missiles that need to be brought down with other missiles, and UAVs [unmanned aerial vehicles], which we actually bring down mainly with fighter jets," he said.

"Then add up the costs - $3.5m for an Arrow missile, $1m for a David's Sling, such and such costs for jets. An order of magnitude of 4-5bn shekels."

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[–] Zipitydew@sh.itjust.works 21 points 5 months ago (1 children)

You're touching on the most common misconception. Most people would pay less in taxes than they currently do in insurance premiums. The cost of healthcare would go down in the US with single payer. Even the ultra conservative Koch family funded Cato Institute found this to be true.

There is way too much profit motive in the US healthcare system. So much so we pay double what other nations do for some procedures with generally worse outcomes. Last report I saw is the US spends 16% of GDP on healthcare. The next closest nation was Japan at 10%. Yet the US was among the lowest life expectancy of all G20 nations.