SI
SI
discoversearch

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 (217582)2/5/2005 4:21:55 AM
From: tejek  Read Replies (1) | Respond to of 1573826
 
We spent 2.6 trillion dollars on defense in 2005

Ted you are losing it.

I'll give you the benefit of the doubt and assume you either mean that we are going to spend that much on defense in 2005 or that we spent that much in 2004. Even then your statement is still crazy. $2.6 trillion is more than the entire 2005 budget, and is more thant the whole world will spend on defense in 2005.

"President Bush’s budget includes $401.7 billion for the Department of Defense"


Yes, I pulled some wrong numbers. However, your number of $401 billion is not correct either. For 2005, defense is estimated at $429 billion and that figure does not include the cost of Iraq. Without Iraq, defense is nearly half of all discretionary spending and is larger than Medicare. In the last three years, it has been growing faster than SS which pays for itself in any case.

If we cut back on our defense spending, I'm sure we could cover future SS shortfalls.

a255.g.akamaitech.net

ted