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So is the 178 billion china has spent this year which is also growing faster than the US [0] also wasted then? [0]: https://en.wikipedia.org/wiki/People%27s_Li
by mrep 8y ago
So is the 178 billion china has spent this year which is also growing faster than the US [0] also wasted then?
[0]: https://en.wikipedia.org/wiki/People%27s_Liberation_Army#Military_spending https://en.wikipedia.org/wiki/People%27s_Liberation_Army#Mil...
- natalyarostova 8y agoNot necessarily. It's a reasonable model, and claim, that there exists some optimal amount of military spending. It's also a reasonable claim (at the very least in retrospect) that the US would have done better had it used the trillions of dollars it spend between 2000-present on education/health/infrastructure over Iraq etc.
- 1024core 8y agoA lot of the money spent on wars is not included in the military budget. George W Bush was famous for doing that: he'd put the Iraq war money in the "supplemental budget", so it wouldn't show up in the deficit or the Pentagon budget.
- Aunche 8y agoThere is a big difference between spending money on the military and spending money on wars.