Quote:
Originally Posted by firstdown
It looked to me as they only used around 10 other countries while running the numbers it kind of jumped around alot and was hard to tell. The one thing I did notice is it accounts for only about 4% of our GDP which is not bad. Also alot is spent on technology which protects our troops. It did say that we spend 47% of the total world spending defence. That is not twice what they spend its not even half.
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From wikipedia:
"Yet some say that to compare government spending on the military to the total sum of all goods and services produced by the national economy in a year (the GDP) is to mislead, since the U.S. GDP has dramatically risen over time, and therefore the military budget can still go up, while simultaneously demanding a smaller percentage of the GDP."
The Defense Budget Is Bigger Than You Think: Newsroom: The Independent Institute:
"Although the public may appreciate that $401.3 billion is a great deal of money, few citizens realize that it is only part of the total bill for defense. Lodged elsewhere in the budget, other lines identify funding that serves defense purposes just as surely as—sometimes even more surely than—the money allocated to the Department of Defense (DoD)"