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Out of every $100 spent on national defense worldwide, $40–$50 are spent by the United States. About 30% of the US Federal budget is military spending, and abo
by sethg 17y ago
Out of every $100 spent on national defense worldwide, $40–$50 are spent by the United States. About 30% of the US Federal budget is military spending, and about 13% is paying interest on money we borrowed for previous military spending.¹ Any hypothetical war that the US couldn’t win unless it spends even more coin on military hardware is not a hypothetical war that the US should be hypothetically fighting in the first place.
¹ http://www.globalissues.org/article/75/world-military-spending http://www.globalissues.org/article/75/world-military-spendi...
- gaius 17y agoWhat the US gets for that money tho' is a vast amount of tech that eventually ends up with the general public. I have two GPSs on me at the moment. Which is ridiculous but hey, they're so cheap, why not stick one in every electronic device?! There's a reason that all that comes out of the US. The EU as a whole spends about half what the US does on defence and ends up with about 10% of the capability. Hmm.
- eru 17y agoYour first argument would be more interesting, if you could compare it with a situation where the money remains in civilian hands. (E.g. during the Second World War a lot of new technology came out of the military, too. But that was only to expect, since all resources went into the military.)
- gaius 17y agoA good example is the UK. We spend ~200Bn a year on welfare and ~30Bn a year on defence. Yet the US leads in almost every technological field.
- sker 17y agoKeep in mind that US defense contrctors are probably the most expensive in the world. How much does a Lockheed Martin engineer makes versus a Chinese contractor engineer? The US spending 40-50% of the world's defense budget doesn't say much other than the fact that a lot of people are getting very rich in America. Don't get me wrong, they are still far ahead from everyone else, but I don't think that's a valid metric unless you adjust for purchasing power.