3 ms·
We spend about 3.5% of GDP on defense [1], and coincidentally about 3.5% on R&D [2]. People tend to wildly overestimate how large the modern US defense budget i
by colonCapitalDee 2y ago
We spend about 3.5% of GDP on defense [1], and coincidentally about 3.5% on R&D [2]. People tend to wildly overestimate how large the modern US defense budget is. It's only around 13% of federal spending [3]!
[1] https://data.worldbank.org/indicator/MS.MIL.XPND.GD.ZS?locations=US https://data.worldbank.org/indicator/MS.MIL.XPND.GD.ZS?locat...
[2] https://data.worldbank.org/indicator/GB.XPD.RSDV.GD.ZS?locations=US https://data.worldbank.org/indicator/GB.XPD.RSDV.GD.ZS?locat...
[3] https://federalbudgetinpictures.com/where-does-all-the-money-go/ https://federalbudgetinpictures.com/where-does-all-the-money...
- itishappy 2y agoNational Defense: 13.9% R&D: ??? https://www.usaspending.gov/explorer/budget_function https://www.usaspending.gov/explorer/budget_function Defense: $813 billion https://comptroller.defense.gov/Portals/45/Documents/defbudget/FY2023/FY2023_Budget_Request.pdf https://comptroller.defense.gov/Portals/45/Documents/defbudg... R&D: $205 billion https://www.whitehouse.gov/wp-content/uploads/2022/04/ap_18_research_fy2023.pdf https://www.whitehouse.gov/wp-content/uploads/2022/04/ap_18_... I'm clearly missing something. I assume some of that Defense budget is R&D?