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: tejek who wrote (171580)	7/3/2003 7:25:45 PM
From: TimF	Respond to of 1583403

Yet in 2002, U.S. defense spending accounted for more than 40 percent of the global total A somewhat misleading figure. For example in China the military gets money from things other then the offical military budget. There are other budget areas, and also the military owns businesses and makes profits from them. For that matter any country with a combination of low military pay and the draft is putting a lot of resources towards the military that don't show up on any budget. In the US we would let people have a civilian job and just tax a percentage of their income. In China they take 100% of their labor without having to make any actual dollar (or yuan) payments. However I do agree that even when you take that in to account we still spend a lot more in gross terms then any other country. Tim