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Politics : View from the Center and Left
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To: Cogito who wrote (48080)2/6/2008 8:09:11 AM
From: KyrosL  Read Replies (1) of 541299
 
>>I think there is more than one way of calculating our actual defense outlays, and our GDP.<<

What do you mean? The numbers are pretty clear.

Here is the 2007 US Federal budget:

en.wikipedia.org

Defense spending is $549 billion. Or 19% of the Federal Budget.

Here is the 2007 GDP:

cia.gov

2007 GDP is estimated at $13,750 million.

So the defense budget is exactly 4.0% of GDP.
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