The following is from the Stockholm International Peace Research Institute:
1,630 Billion - Total estimated military spending in 2011
698 Billion - Total estimated U.S. military spending in 2011 (Rank #1 at 43% of the world expenditure)
119 Billion - Total Chinese military spending in 2011 (Rank #2 at 7.3 % of the world expenditure)
7 Billion - Total Iranian military spending in 2011 (Rank # 25 at .0004% of the world expenditure)
645.7 Billion - Total military spending by the next 14 countries following the United States
The United States spends $2141.00 per citizen.
China spends $74.00 per citizen.
Iran spends $89.00 per citizen.
I was set back a little by these numbers. What do you think?
Wow, GNelson, I knew it was bad, but to have it in black and white, it literally made me sick. And children are starving and without a home.
Want to feel even worse about it?
Let's say we take 300 billion a year out of that and give it to the bottom 50% of households. That's 46 million in the bottom 50%, looking at tax returns.
$6,500 per household per year, and that is for households up through $32,000 per year.
We really could do more with that money.
Yes we could do more with that money. I asked my two Senators and my congressman to give me their thoughts on this situation. They haven't responded yet.
Jax- I love that idea. That would pay my rent for 9 months.
And it's just a bit more than we'll be required to pay for the national healthcare when it kicks in. Isn't that $2000.?
You know, G Nelson, I think that it sucks. I have complained about this disparity for some time but it appears to fall upon deaf ears. I speak of it in more detail in this article.
http://credence2.hubpages.com/hub/Be-Wa … ed-Serpent
The world's top 7 military spenders in 2010 (in $billions.
Nuff said.
Gun running is good business and since the tax payers pay for it - it is the best.
Ron Paul wants to cut it, hardcore.
Vote for him, or quit complaining.
I like Ron Paul because he speaks his mind and doesn't follow Rebublican dogma. He is even right on some issues, but I could never vote for him. Obama will be the next President. I posted the facts on the defense budget because it shows that most politicians are out of touch with reality. Ask your representatives to explain that expence. They would rather discuss birth control and tell you that government is too big. All the while wasting billions.
"I agree with Ron Paul. I hate defense spending. Obama will get my vote"
1984.
Nelson - Why could you 'never' vote for him? Any reason in particular? Sounds like you're a politician yourself, no offense intended. You talk about defense spending and how bad it is but won't, for reason you haven't expressed, vote for the guy who will do something about it, and a lot more.
Can you explain to me why you can't vote for Paul. I'd really like to know.
No wonder we can't explore space or put a cure for cancer on the table. Looks like the Great American War Machine is fat and too healthy! Between the out of control government spending on bailouts for the rich and this monster I can why gas and everything else is TAXED to death. OUCH
by Arthur Russ 12 months ago
Following a long and interesting economics debate with GA on another forum relating to climate change, we’ve agreed that it would be better to continue our economics debate in a new forum relevant to the subject of economics rather than climate change; so here’s a repeat of my last contribution in...
by Jack Lee 6 years ago
This should be on the front pages of every newspaper...https://www.cnsnews.com/news/article/te … 0000-1-dayWhy isn't it?
by rhamson 11 years ago
In the senseless budget debates and spending arguments it is funny that we don't look at the real cost factors and waste this country continuesIn the unending push towards imperial domination of the world. We are so ready to throw the seniors medicaid by the wayside and cut the food stamps...
by Credence2 7 years ago
Another reason that I distrust conservatives, (GOP) domestic spending is pinch penny, while they turn a blind eye to DOD wasting money like it grows on trees. Add this to their cover up and subsequent embarrassment, and I ask what makes THEM the sacred cow? As a progressive type, I consider THIS...
by lady_love158 12 years ago
Do we really want to cut defense spending? Consider that already much of the military function has been outsourced to private companies that a making huge profits off the wars, one of the left's source of angry objection. Cutting further would make us more reliant on these private mercenary...
by Deforest 10 years ago
And we don't have any money to save our country!
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