U.S. Military Spending vs. The World
U.S. military spending – Dept. of Defense plus nuclear weapons (in $billions) – is equal to the military spending of the next 15 countries combined. Is this was 'Ike' meant when he used the term MILITARY INDUSTRIAL COMPLEX?
HOW THESE FIGURES WERE DETERMINED
Current military” includes Dept. of Defense ($653 billion), the military portion from other departments ($150 billion), and an additional $162 billion to supplement the Budget’s misleading and vast underestimate of only $38 billion for the “war on terror.” “Past military” represents veterans’ benefits plus 80% of the interest on the debt.*
The Government Deception
The pie chart below is the government view of the budget. This is a distortion of how our income tax dollars are spent because it includes Trust Funds (e.g., Social Security), and the expenses of past military spending are not distinguished from nonmilitary spending. For a more accurate representation of how your Federal income tax dollar is really spent, see the large chart (top).
Source: Congressional Budget Office for FY2008
These figures are from an analysis of detailed tables in the “Analytical Perspectives” book of the Budget of the United States Government, Fiscal Year 2009. The figures are federal funds, which do not include trust funds — such as Social Security — that are raised and spent separately from income taxes
So you think military intervention is a good idea fiscally?
To Paraphrase Marine General Smedley Butler, Congressional Medal Of Horor recipient, Is War A Racket?