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Politics : Formerly About Advanced Micro Devices

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To: J_F_Shepard who wrote (622990)	8/5/2011 11:56:53 AM
From: TimF	1 Recommendation Read Replies (2) of 1583152

No 17.5% is a small part. Top line for 2011 is estimated at $3.8 trillion. Defense (and a lot of other spending) is under continueing resolutions at 2010 levels, 2010 defense budget is $663.7 billion (+12.7%) – Department of Defense (including Overseas Contingency Operations) secure.wikimedia.org 663.7/3800 is about .1746579, which is false precision since the top line is an estimate, and there could be modest changes in the defense part. Even 17.5% could be false precision so say 17 to 18 percent. Down from close to all federal spending in WWII, about 70 percent in the early 50s, the mid 40s during Vietnam, almost 30 percent during the Reagan build up... You want to toss in DoE nuclear weapons spending and Veterans affairs spending, fine that might bring it up a couple of percent so you get 19 to 20 percent. (It would also bring up the comparable figures for earlier years).

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