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Politics : Formerly About Advanced Micro Devices
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To: tejek who wrote (139540)10/3/2001 3:28:33 PM
From: TimF  Read Replies (1) of 1580690
 
Ted 3% of our GDP goes to defense, down from the teens during some of the cold war, and even well down from what it was when Clinton took office. SDI is only a small part of that 3%. The internal security spending combined with future SDI spending combined with all other defense spending will add up to a % of our GDP that is lower then the % of spending on defense when Clinton took office. It won't break the bank. The only thing that might is social programs which even with welfare reform have increased faster then defense for decades, and continued to increase as defense spending declined (not just as a % of the GDP or the budget but in real dollars). Even with SDI and extra homeland defense, total defense and defense related spending will almost certainly be a lower % of our GDP in 10 years then it is now. It will probably be more like 2% then todays figure of about 3%.

I don't know the % of GDP Israel spends on defense but I'm sure its two figures. I'm sure you can recognize the difference between 2% and perhaps 25%.

Tim
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