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The chart is incorrect because it does not take into account hundreds of billions in veteran's benefits, nor interest paid on past military spending (and as the
by peisistratos 8y ago
The chart is incorrect because it does not take into account hundreds of billions in veteran's benefits, nor interest paid on past military spending (and as there is a budget deficit, the current year's military deficit spending will be tacked onto next year's military debt interest).
- manfredo 8y agoThis cuts both ways, the spending on veterans post Korean War, WWII, and the Vietnam War was probably very large as well. The point is the overall trend is down. The economic burden of the US defense budget is decreasing, not increasing. Our military spending as a percentage of GDP has dropped by roughly 4x since the 1960s. From around 12% to around 4%. In no way can a reasonable person describe our military spending as "out of control".