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Politics : Formerly About Advanced Micro Devices
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To: Road Walker who wrote (328854)3/14/2007 4:32:29 PM
From: TimF  Read Replies (1) of 1577828
 
As said before, the "defense budget" is vastly understated.

Which doesn't make a difference. As long as you define it consistently its greatly shrunk as a portion of our economy. Those figures for previous years would also be larger if they included DoE, work by the FBI and CIA and State, pensions, etc.

And in fact the decrease as a percentage of GDP since Korea, or even since Vietnam, has been bigger then the total percentage of GDP represented by all the activities you consider defense spending that aren't part of the DoD budget.

Your quibbling about details that are marginal on the scale of the reduction I'm talking about. The defense budget alone was 14.2% of the GDP in 1953 and 9.4% in 1968. Add up the budget for DoD, Homeland Security, the CIA, the VA, State, and the nuclear weapons related activity of the Department of Energy, and then throw in foreign weapons sales, and you don't get to 9.4% of our GDP.
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