Its Only Rock & Roll
For 45 years of the Cold War we were in an arms race with the Soviet Union. Now it appears we're in an arms race with ourselves."
Admiral Eugene Carroll, Jr., U.S. Navy (Ret.)
Center for Defense Information
Compare USA with IRAQ military spending prior to the invasion
United States $399.1 Billion
United Kingdom $38.4
Saudi Arabia $21.3
South Korea $14.1
United Arab Emirates* $3.1
Czech Republic $1.6
North Korea $1.4
Figures are for latest year available, usually 2002. Expenditures are used in a few cases where official budgets are significantly lower than actual spending. The figure for the United States is from the annual budget request for Fiscal Year 2004.
*Reference: U.S. Military Budget Still the World's Largest, and Growing
"While U.S. military expenditure is set to continue to grow and will continue to propel world military spending, the pace is likely to fall back somewhat in the next few years, in the longer term it is doubtful whether current levels will be economically and politically sustainable."
*World Military Spending Soars
Military Spending: The US vs. the World
Following is a nice summary from the CDI article, "World Military Expenditures":
* At $343 billion, the U.S. military budget request for FY'02 is more than six times larger than that of Russia, the second largest spender.
* It is more than twenty-three times as large as the combined spending of the seven countries traditionally identified by the Pentagon as our most likely adversaries (Cuba, Iran, Iraq, Libya, North Korea, Sudan and Syria).
* It is more than the combined spending of the next 15 nations.
* The United States and its close allies spend more than the rest of the world combined, accounting for roughly two-thirds of all military spending. Together they spend over thirty eight times more than the seven rogue states.
* The seven potential "enemies," Russia and China together spend $116 billion, roughly one-third (34%) the U.S. military budget.
* Global military spending has declined from $1.2 trillion in 1985 to $809 billion in 1999. During that time the U.S. share of total military spending rose from 31% to 36% in Fiscal Year 1999.
*Military Spending: The US vs. the World
*US Military Budget - taxpayers' money
*World Military Spending Pie Chart
* The US has the Highest Rate of Childhood Poverty in the industrialized world. IN the US 1 of every 6 children (1 of 3 children of color) live in poverty. In Sweden - 1 of 36; Germany - 1 of 20; and Britain 1 of 15.
* The US is #13 in young adults enrolled in Bachelor Degree college programs (tied with Italy). Finland is #1.
* The initial cost of the war in Iraq ($100B) is THREE TIMES more than the Federal Government spends on K-12 education.
* Military spending consumes 26 cents of your tax dollar (total budget = mandatory and discretionary spending). Education receives a mere 4 cents and class sizes keep rising!
*Domestic Programs Suffer!
44 million American citizens have no health insurance. the US is the ONLY industiralized country in the world without Universalized Health Insurance
USA 2005 MILITARY BUDGET DWARFS ALL OTHERS
$421* Billion Budget Exceeds COMBINED Spending of the next 25 Nations
*$421 BILLION does NOT include additional spending for Iraq/Afganistan military operations)
Selected Countries MilitaryBudget
United States $421 Billion
China 51 B
Russia 51 B
Japan 41 B
United Kingdom 41 B
France 35 B
Germany 27 B
Canada 9 B
*2005 MILITARY BUDGET DWARFS ALL OTHERS Stumble It!
Sunday, March 06, 2005
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