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

To: TimF who wrote (559747)	4/9/2010 1:13:07 PM
From: TimF	Respond to of 1575781

And note those charts are hardly cherry picking the time frames to artificially make the case look stronger. If they where extended backwards in time to cover a larger area the effect would just be stronger. In terms of the first chart defense spending was a higher percentage of GDP in the Korea peak and the time around it, than in the Vietnam peak near the beginning of Heritage's chart. And the 2nd chart would have an even more dramatic difference since not only was defense spending a larger percentage of our economy in the 50s than in the 60s, entitlement spending was much less since Medicare and Medicaid didn't exist at all, and Social Security was a lot smaller.