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


To: tejek who wrote (328541)3/12/2007 1:52:04 PM
From: TimF  Read Replies (1) | Respond to of 1574273
 
You where challenging my assertion that the "military industrial complex" is a smaller part of our economy than it was under Eisenhower (or any WWII or post WWII president before Bush II other than Clinton). How big the "complex" is compared to other countries is irrelevant to that point.

As for the percentage, well America's official defense budget is something like 4% of GDP. Add in the sumplimentals for Iraq and Afghanistan and its more like 5%. That is more than most large countries, but its a smaller percentage than it was from 1942 to Clinton's military cuts.

Edit - Well maybe not every year from 1942 to Clinton. Right before the Korean War the percentage was perhaps lower than today, but 1 - Not for long, and 2 - That's one of the reasons we had so much problems early on in Korea, just fighting the North Koreans even before the Chinese intervention. (From the overrunning of Task Force Smith, until we were pushed back in to the Pusan perimeter)

quartermaster.army.mil