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Politics : Formerly About Advanced Micro Devices
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To: Scumbria who wrote (131003)1/29/2001 5:55:10 PM
From: Joe NYC   of 1581661
 
Scumbria,

Reagan did it to the tune of $5 trillion dollars for his defense contractor friends, and most people never understood how they were being shafted.

Reagan was president for 8 years, and during those 8 years the defense budget was between $200 and $300 billion. Let's take the average of $250, multiply by 8 and you get 2 trillion. What is the percentage of the money that goes to salaries of the serviceman and administration vs. weapons procurement?

I don't know, but my guess would be that 1/3 to 1/2 goes for weapons, leaving you with $666 billion to $1 trillion.

Joe

PS: Anyway, good attempt on your part to play on people's fear and ignorance of the facts.
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