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

To: Scumbria who wrote (132116)	2/9/2001 2:52:45 PM
From: Joe NYC	Read Replies (1) \| Respond to of 1572280

Scumbria, Re: defense spending has been shrinking since about 1986 as a percentage of GDP This has to be just about the most useless statistic I have seen. The economy is growing fast and the cold war is over. Who cares? This is something that is very significant, and is the reason why we have a surplus. The federal spending has been between 17 and 22% of GDP for last 40 years. When you remove 3% GDP worth of spending, in a little more than 10 years, it is going to have a huge effect on the budget. Joe