Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (130003)	12/20/2000 9:52:52 PM
From: tejek	Read Replies (1) \| Respond to of 1570814

However, you all would be the first to complain about new spending for new roads, schools......and voter machines. Defense spending is a very small % of our GDP. If non defense spending was at such a small % I would probably not protest about it so much. Tim, I am unclear what you consider small but for me it is not small at all. This fiscal year we will spend $293 billion for defense. That equals 16% of this year's budget. Non defense takes up 19%, SS is 23% and the balance is medicare, medicaid and net interest. It seems to me that if we can't live on a defense budget of $293 billion, that's pitiful. w3.access.gpo.gov ted