REPORT: U.S. Military Spending Has Almost Doubled Since 2001

[sasha031]

A new report released today by SIPRI, a Swedish-based think tank, reveals that U.S. military spending has almost doubled since 2001. The U.S. spent an astounding $698 billion on the military last year, an 81% increase over the last decade.

U.S. spending on the military last year far exceeded any other country. We spent six times more than China — the second largest spender. Overall, the world expended $1.6 trillion on the military, with the United States accounting for the lion’s share:





The report notes that, “even in the face of efforts to bring down the soaring US budget deficit, military spending continues to receive privileged treatment.” Indeed, House Speaker John Boehner (R-OH) and others on the right are passing legislation increasing defense spending. At the same time, they are insisting on massive cuts to social programs that provide vital assistance to the elderly, the poor and the middle class.
http://thinkprogress.org/

[liberal N proud]

1. Great, so lets cut from Medicare and Social Security

They have done nothing to add to the deficit so we can cut those programs.


:sarcasm: As if it is necessary.

[L. Coyote]

2. And, there has been no noticable effect on the US or global economies

:sarcasm: HELLO WORLD!!

[valerief]

3. Where do you expect the very wealthy to get massive chunks of money if not from the military budget?

C'mon, some sympathy for the wealthy now. It's their money and this is their planet. We should be lucky they let us live here until they make us sick, prevent us from getting better, and we die.

[Name removed]

4. Deleted message

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[sasha031]

6. in a bad economy young have few chioces

they join for the steady paycheck, education benefits ect.

[L0oniX]

9. Tell me something I don't know. So it us or them so they can have a job killing.

[L. Coyote]

5. Breakdown: federally budgeted military expenditure

The federally budgeted military expenditure
of the United States Department of Defense
for fiscal year 2010, including the wars in Iraq and Afghanistan


Operations and maintenance $283.3 billion
Military Personnel $154.2 billion
Procurement $140.1 billion
Research, Development, Testing & Evaluation $79.1 billion
Military Construction $23.9 billion +19.0%
Family Housing $3.1 billion

[TalkingDog]

7. We must be spending it on that secret war with invading space aliens...

n/t

[Marblehead]

8. They must keep us

safe from men in caves.

[Gravel Democrat]

10. ^^^ (sometimes contractors don't carry hammers and wear nailbags)

http://costofwar.com

[Zorra]

11. That's because our military is the private security force for multi-national corporations.

$698 billion.

Disgusting.
:puke:

[leftstreet]

13. +1

:puke:

[G_j]

12. K&R!