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Archive for March 23rd, 2014

CDI: F-22 analysis: the good, the bad and the surly

Posted by picard578 on March 23, 2014

Today, America spends more on defense than at any time since the end of World War II, based on the Pentagon’s own official budget data. The previous high point in post-World War II defense spending was 1952 – during the Korean War – at $589 billion in today’s dollars. The Pentagon’s budget request for the current fiscal year totals $670 billion, or a substantial 14 percent above the previous high water mark.

U.S. defense spending is now also larger than the rest of the world – combined. The CIA’s 2007 Word Fact Book estimates all other nations to spend about $400 billion on defense. That amount is for not just our potential opponents, whoever they might be; that’s the entire rest of the world.

We are told we must worry about China and Russia and prepare against them; something we should really lose sleep over is how they can be such a major concern – to those who point them out as looming threats – with defense budgets of just $81 billion and $21 billion, respectively, according to the CIA. Read the rest of this entry »

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