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Holy cow, i thought something like %40 of the US economy went towards military? I have obviously never researched that, if anything i'm saying this because i be
by fizzbatter 10y ago
Holy cow, i thought something like %40 of the US economy went towards military? I have obviously never researched that, if anything i'm saying this because i believe my belief is somewhat common. Why do so many believe military/defense is so highly spent?
Also, where the hell is all of our money going haha. I'm googling, some random images/sources/etc are saying that Military is ~19%, with social health/security/aid/etc being around ~60% percent. But the numbers in so many of these sources differ greatly. That, combined with your 3.3%, everything seems so drastically different.
What were you basing your 3.3% off of?
- DenisM 10y agohttp://data.worldbank.org/indicator/MS.MIL.XPND.GD.ZS?year_high_desc=true http://data.worldbank.org/indicator/MS.MIL.XPND.GD.ZS?year_h...
- ythl 10y ago> Holy cow, i thought something like %40 of the US economy went towards military No, you're thinking of welfare/social security Edit: anyone care to explain the downvotes? My data comes from here: https://www.whitehouse.gov/interactive-budget https://www.whitehouse.gov/interactive-budget Add together social security, income security, and other welfares, and you get ~40% of the budget.
- monkmartinez 10y agoNo one likes to hear the truth. I gave you an upvote because saying that medicare, social security waste, and welfare are more expensive that the military ruins the little utopia's HN'ers have built up in their minds.
- catalinbraescu 10y ago3.3 from GDP. 19% from Federal budget.
- izacus 10y agoHe's quoting % GDP of USA, not % of budget. I think that is a discrepancy. The spending is still massive in comparison to pretty much any country in the world. As I said in the other post, just a handul of worlds countries come close to spending 3% of GDP on military - now couple that with the fact that USA has largest GDP in the world and you get a staggering amount of money spent.
- waterfowl 10y ago3.3% of GDP. The ones where military is a huge share as are SS/medicare is the federal budget.