US Defense Spending as % of GDP near historical low

2»

Comments

  • bootlegger10
    bootlegger10 Posts: 16,307
    NOCODE#1 wrote:
    notice bootlegger shut his trap
    thanks my2hands for dose of cold hard facts

    Haha, or I just made the post and left my computer to hang out with friends and haven't looked at the thread until now (more so out of curiousity and less of I want to debate). Sorry, I rarely get into debates on here because I have a life outside this board. I just post something and say "hippies" or "USA! USA! USA!" I enjoy it. I'm rarely right when I post.

    Edit: USA! USA! USA! USA! USA! USA!
  • bootlegger10
    bootlegger10 Posts: 16,307
    jlew24asu wrote:
    hey mamma how ya been? but yes I realized that after i posted my comment and when hands cleared it up. thats why the number surprised me. heres to hoping this spending is cut as time moves forward

    It surprised you because you probably thought it was like 35% of GDP because that is what some folks want you to believe. The number surprised me too because all here about is how the US spends like 40% of its GDP on the military.
  • my2hands
    my2hands Posts: 17,117
    Kel Varnsen wrote:
    Wow those numbers are mind-blowing. Just the DoD budget alone is 34 times greater than the entire Canadian Federal Budget for 2007 (includind Debt payments). And yet you population is only about 10 times bigger than ours.


    some of us feel as though we are in the belly of the beast that must be stopped... others get out their pom poms and cheer it on, foolishly
  • jlew24asu
    jlew24asu Posts: 10,118
    bootlegger10 wrote:
    It surprised you because you probably thought it was like 35% of GDP because that is what some folks want you to believe. The number surprised me too because all here about is how the US spends like 40% of its GDP on the military.

    my guess would have been around 8-10%. but I hear ya.
  • my2hands
    my2hands Posts: 17,117
    bootlegger10 wrote:
    3% ain't bad.


    that little 3% you keep running with is nice and all... nice small #... nice propaganda trick, not of your own device

    that 3% still means that we are currently spending more on the military then all of the rest of the world combined, or very close...


    if Bill Gates spends 3% of his income on cocaine, and i spend 3% of my income on cocaine... i think bill gates is doing a LOT more cocaine then i am


    in other words... GDP is a flawed way of looking at this type of spending, because GDP is relative to the size of the economy...
  • mammasan
    mammasan Posts: 5,656
    bootlegger10 wrote:
    It surprised you because you probably thought it was like 35% of GDP because that is what some folks want you to believe. The number surprised me too because all here about is how the US spends like 40% of its GDP on the military.

    compared to our total GDP, our military spending is relatively low. If you look at how much of our federal budget is dedicated to military spending you will see that we spend far to much on our military. Just look at our military spending compared to the rest of the world. Our military spending compromises 49% of the entire planets military spending.
    "When one gets in bed with government, one must expect the diseases it spreads." - Ron Paul
  • farfromglorified
    farfromglorified Posts: 5,701
    bootlegger10 wrote:
    Hmmn....US defense spending is about 3% of GDP.

    It's funny that you think this a good thing. US citizens are being forced to waste thousands of their dollars per year, and you're pretending it's a good deal by dividing it into a bigger number that has nothing to do with the issue.
  • mammasan
    mammasan Posts: 5,656
    jlew24asu wrote:
    hey mamma how ya been? but yes I realized that after i posted my comment and when hands cleared it up. thats why the number surprised me. heres to hoping this spending is cut as time moves forward

    I'm doing good. A little tired. Got in late last night from Seattle.
    "When one gets in bed with government, one must expect the diseases it spreads." - Ron Paul
  • my2hands
    my2hands Posts: 17,117
    mammasan wrote:
    I'm doing good. A little tired. Got in late last night from Seattle.


    business or pleasure?

    or both :D
  • mammasan
    mammasan Posts: 5,656
    my2hands wrote:
    business or pleasure?

    or both :D


    All pleasure. My girlfriend had to go on business so I tagged along for the free hotel room.
    "When one gets in bed with government, one must expect the diseases it spreads." - Ron Paul
  • NOCODE#1
    NOCODE#1 Posts: 1,477
    bootlegger10 wrote:
    I understood all this before my post.

    Please give me %'s of GDP. I don't care about % increases or dollar increases. Even if our military spending was 10% of GDP, then I could at least say that we are at war so it makes sense, and still is only 10%.

    Also, the liberals here complained when it was 2000 and we were spending like 3% of GDP without all the big appropriations when we were at war. Which is ridiculous. So, I would expect appropriations to be high during war-time. I think you could make an argument to look at peace time to guage our true military spending habits. 3% ain't bad. Again, it would make sense that spending would be higher in war time.

    I enjoyed the redneck comment. I think we need to show our true feelings here, and not sugarcoat things. That is why I use the hippie a lot.
    even after being housed bootlegger doesnt get it, he should work for FOX news
    Let's not be negative now. Thumper has spoken
  • NOCODE#1
    NOCODE#1 Posts: 1,477
    bootlegger10 wrote:
    . Sorry, I rarely get into debates on here because I have a life outside this board.
    so you just post inflammatory threads, and then go to your so called life :rolleyes:

    our defense spending is out of control, we went from a budget surplus to Reaganesque deficits in 3 years. All because Jr wanted to please his Dad.
    Let's not be negative now. Thumper has spoken

Categories