Forums
New posts
Search forums
What's new
New posts
New media
New media comments
Latest activity
Classifieds
Media
New media
New comments
Search media
Log in
Register
What's New?
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Navigation
Install the app
Install
More Options
Advertise with us
Contact Us
Close Menu
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Forums
The Water Cooler
General Discussion
Dwight D. Eisenhower on the consequences of war
Search titles only
By:
Reply to Thread
This site may earn a commission from merchant affiliate links, including eBay, Amazon, and others.
Message
<blockquote data-quote="RidgeHunter" data-source="post: 1726090" data-attributes="member: 4319"><p>Measuring military spending as a percentage against the GDP or federal budget is about as misleading a thing as you can do with numbers. That simply means the GDP has grown at a staggering rate and it out-pacing the ability of military spending to keep up with it. Do me a favor and tell me what the GDP was in 1960. How about 2010? How about federal budget in 1960 vs 2010? Adjust for inflation.</p><p></p><p>U.S. Military spending accounted for almost 47% of the military spending in the entire world in 2009. Almost the same in 2010 ($728 Billion...which is roughly six times more than the next biggest military spender, China)</p><p></p><p>In inflation-adjusted dollars, military spending has grown for an unprecedented 13 consecutive years. </p><p></p><p>Excluding war costs, the defense budget has grown almost 50% in the last ten years. </p><p></p><p>In inflation-adjusted dollars, U.S. military spending is at its highest level since WWII - higher than it was during the Cold War.</p><p></p><p>To deny there is a huge power influence in $728 Billion, regardless of how it stacks up percentage-wise, is naive.</p></blockquote><p></p>
[QUOTE="RidgeHunter, post: 1726090, member: 4319"] Measuring military spending as a percentage against the GDP or federal budget is about as misleading a thing as you can do with numbers. That simply means the GDP has grown at a staggering rate and it out-pacing the ability of military spending to keep up with it. Do me a favor and tell me what the GDP was in 1960. How about 2010? How about federal budget in 1960 vs 2010? Adjust for inflation. U.S. Military spending accounted for almost 47% of the military spending in the entire world in 2009. Almost the same in 2010 ($728 Billion...which is roughly six times more than the next biggest military spender, China) In inflation-adjusted dollars, military spending has grown for an unprecedented 13 consecutive years. Excluding war costs, the defense budget has grown almost 50% in the last ten years. In inflation-adjusted dollars, U.S. military spending is at its highest level since WWII - higher than it was during the Cold War. To deny there is a huge power influence in $728 Billion, regardless of how it stacks up percentage-wise, is naive. [/QUOTE]
Insert Quotes…
Verification
Post Reply
Forums
The Water Cooler
General Discussion
Dwight D. Eisenhower on the consequences of war
Search titles only
By:
Top
Bottom