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defense spending has increased 16%....... 593b to 673b
medicare spending has increase 29%....... 386b to 548b
medicaid spending has increased 44%..... 201b to 319b.....medicare/ciad makes up nearly 800 billion of our spending and is INCREASED big time each year
ss spending has increased 17% ........ 612B to 779b
the budget 'projects' the costs yearly for 10 years beyond
by fy 15(just 1 year from now)
ss federal COST will be................ 900 billion
mediCARE federal COST will be...... 650 billion
mediCAID federal cost will be........ 400 billion
for a total of just those 3.........over 2 trillion A YEAR, and rising every year
the 1980 (carters last year) defense budget 240 billion ....
...would be 770 billion in todays' (constant) dollars
Carter had the Cold War going on. Please stop defending being the world's most expensive military power and world police.
but we are not the 'most expensive'
...our military spending is right in line with everyone else
our CURRENT defense budget is only 4.1% of our GNP....china spends 3.9% of its gdp on military.......right in comparison with the rest of the world at 2-6%
france's defense budget is 500 million euro...while their gdp is about 1.4 trillion.....our spending is 670 billion with a gdp of 16+ trillion.....so france actually spends MORE as a percentage of their gdp
defense spending as a % of GDP puts us at #27meaning 26 other countries spend MORE than us on their military as a percent of their gdp
we spend LESS now than we did 30 years ago(adjusted for inflation)
...our military spending is right in line with everyone else
our CURRENT defense budget is only 4.1% of our GNP....china spends 3.9% of its gdp on military.......right in comparison with the rest of the world at 2-6%
france's defense budget is 500 million euro...while their gdp is about 1.4 trillion.....our spending is 670 billion with a gdp of 16+ trillion.....so france actually spends MORE as a percentage of their gdp
defense spending as a % of GDP puts us at #27meaning 26 other countries spend MORE than us on their military as a percent of their gdp
we spend LESS now than we did 30 years ago(adjusted for inflation)
% of GDP is a great way making the numbers look even. Why is % of GDP a great measure anyways in this context? Does France's military match up to the US's aside from the % of GDP spent on it? We could spend an even smaller percentage of our GDP and still have a strong military.
Quote:
Originally Posted by workingclasshero
we get it....you are one of those anti-military type
??? did you ever serve????
I'm anti-military because I want to shrink it...... No I am anti-waste. We are currently undergoing some of the greatest military boondoggles ever and most people have no clue.
That's not the only recent large boondoggle of new weapon system, just the largest. The navy is doing quite the damage with it's next generation carriers and littoral ships.
...our military spending is right in line with everyone else
our CURRENT defense budget is only 4.1% of our GNP....china spends 3.9% of its gdp on military.......right in comparison with the rest of the world at 2-6%
france's defense budget is 500 million euro...while their gdp is about 1.4 trillion.....our spending is 670 billion with a gdp of 16+ trillion.....so france actually spends MORE as a percentage of their gdp
defense spending as a % of GDP puts us at #27meaning 26 other countries spend MORE than us on their military as a percent of their gdp
we spend LESS now than we did 30 years ago(adjusted for inflation)
France spends more as a percentage of GDP? The USA military budget is in line with the middle east, Russia, and some African countries.
Ah so you see how our military industrial complex is corporate welfare. Well we could always spend that money on our citizens in the form of new roads, highways, trains, ports dredging, utilities, etc. It would be pertinent to not turn off the faucet too quickly to shift our priorities.
No. I was just pointing out that a sudden whack to the defense budget would have a severe economic impact. There are many things wrong with the DOD, but I don't think it is any worse than what happens in any organization where billions are spend every day.
I believe every government body should justify its existence based on the Constitution and whether or not the federal government is the proper body for many things it does now. The allocation of government funds should be done on a bottoms up basis.
No. I was just pointing out that a sudden whack to the defense budget would have a severe economic impact. There are many things wrong with the DOD, but I don't think it is any worse than what happens in any organization where billions are spend every day.
I believe every government body should justify its existence based on the Constitution and whether or not the federal government is the proper body for many things it does now. The allocation of government funds should be done on a bottoms up basis.
.....and why would it have such an economic impact? Why is our military spending so important to the economy......
Plugs also are symptomatic of one very large problem: the Pentagon's chronic failure to keep track of its money - how much it has, how much it pays out and how much is wasted or stolen.
This is the second installment in a series in which Reuters delves into the Defense Department's inability to account for itself. The first article examined how the Pentagon's record-keeping dysfunction results in widespread pay errors that inflict financial hardship on soldiers and sap morale. This account is based on interviews with scores of current and former Defense Department officials, as well as Reuters analyses of Pentagon logistics practices, bookkeeping methods, court cases and reports by federal agencies.
As the use of plugs indicates, pay errors are only a small part of the sums that annually disappear into the vast bureaucracy that manages more than half of all annual government outlays approved by Congress. The Defense Department's 2012 budget totaled $565.8 billion, more than the annual defense budgets of the 10 next largest military spenders combined, including Russia and China. How much of that money is spent as intended is impossible to determine.
Our military has definitely moved into the realms of corporate welfare. It's not just our military it's the private contractors that are profiting from rebuilding Iraq and Afghanistan. Strong military is one thing, little accountability and huge cost overruns is another.
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France spends more as a percentage of GDP? The USA military budget is in line with the middle east, Russia, and some African countries.
