Thursday, March 22, 2012

Just how big is our defense budget?

From the perspective of the entire Federal budget we only spend something like 25% on defense. But when compared with the amount of money other countries spend our defense spending looks ridiculous!

Just think of what we could be doing with all the money. We could cut our defense budget by $450 BILLION and still be spending more than TWICE as much as China. Crazy. As % of GDP we're on par with the most volatile region on Earth - the Middle East.

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