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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 386.47

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Dec 5 4:00 PM EST

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To: Hawkmoon who wrote (111841)	5/4/2015 1:27:31 PM
From: philv	Read Replies (1) of 218225

"I don't see a problem spending 3-5% of our GDP on defense" I was surprised, because that seemed like a very small amount. But in searching around, and comparing it to different metrics, the defense spending is indeed very significant. You compared it to health care spending, but perhaps the comparison is like comparing apples to oranges, as the metrics are different? 1) The United States spent 20 percent of the federal budget on defense in 2011. All told, the U.S. government spent about $718 billion on defense and international security assistance in 2011 — more than it spent on Medicare.Jan 7, 2013 America's staggering defense budget, in charts - The ... www.washingtonpost.com/.../everything-chuck-hagel-needs-to-know-about... From the above article:

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