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<p>[QUOTE="coinup, post: 1056926, member: 23176"]The U.S. Department of Defense budget accounted in fiscal year 2010 for about 19% of the United States federal budgeted expenditures and 28% of estimated tax revenues. For FY 2010, Department of Defense spending amounts to <i><b>4.7% of GDP</b></i>.</p><p>The 2009 U.S. military budget accounts for approximately 40% of global arms spending and is over six times larger than the <a href="http://en.wikipedia.org/wiki/Military_budget_of_the_People%27s_Republic_of_China" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://en.wikipedia.org/wiki/Military_budget_of_the_People%27s_Republic_of_China" rel="nofollow">military budget of China</a> (compared at the <a href="http://en.wikipedia.org/wiki/Real_versus_nominal_value" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://en.wikipedia.org/wiki/Real_versus_nominal_value" rel="nofollow">nominal</a> <a href="http://en.wikipedia.org/wiki/US_dollar" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://en.wikipedia.org/wiki/US_dollar" rel="nofollow">US dollar</a> / <a href="http://en.wikipedia.org/wiki/Renminbi" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://en.wikipedia.org/wiki/Renminbi" rel="nofollow">Renminbi</a> rate, not the <a href="http://en.wikipedia.org/wiki/Purchasing_power_parity" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://en.wikipedia.org/wiki/Purchasing_power_parity" rel="nofollow">PPP</a> rate). The United States and its close allies are responsible for two-thirds to three-quarters of the world's <a href="http://en.wikipedia.org/wiki/List_of_countries_by_military_expenditures" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://en.wikipedia.org/wiki/List_of_countries_by_military_expenditures" rel="nofollow">military spending</a> (of which, in turn, the U.S. is responsible for the majority).<a href="http://en.wikipedia.org/wiki/Military_budget_of_the_United_States#cite_note-24" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://en.wikipedia.org/wiki/Military_budget_of_the_United_States#cite_note-24" rel="nofollow">[25]</a><a href="http://en.wikipedia.org/wiki/Military_budget_of_the_United_States#cite_note-Facts-25" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://en.wikipedia.org/wiki/Military_budget_of_the_United_States#cite_note-Facts-25" rel="nofollow">[26]</a><a href="http://en.wikipedia.org/wiki/Military_budget_of_the_United_States#cite_note-26" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://en.wikipedia.org/wiki/Military_budget_of_the_United_States#cite_note-26" rel="nofollow">[27]</a></p><p> In 2005, the United States spent <b><i>4.06%</i></b> of its <a href="http://en.wikipedia.org/wiki/GDP" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://en.wikipedia.org/wiki/GDP" rel="nofollow">GDP</a> on its military (considering only basic Department of Defense budget spending), more than France's 2.6% and less than <a href="http://en.wikipedia.org/wiki/Saudi_Arabia" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://en.wikipedia.org/wiki/Saudi_Arabia" rel="nofollow">Saudi Arabia</a>'s 10%.<a href="http://en.wikipedia.org/wiki/Military_budget_of_the_United_States#cite_note-27" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://en.wikipedia.org/wiki/Military_budget_of_the_United_States#cite_note-27" rel="nofollow">[28]</a> This is historically low for the United States since it peaked in 1944 at 37.8% of GDP (it reached the lowest point of 3.0% in 1999–2001). Even during the peak of the <a href="http://en.wikipedia.org/wiki/Vietnam_War" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://en.wikipedia.org/wiki/Vietnam_War" rel="nofollow">Vietnam War</a> the percentage reached a high of 9.4% in 1968</p><p>As a whole the US spends more money then most of the world <i>per capita</i> - now look at countries like NK or Saudi Arabia, where it's 33% and 13% of it's GDP, respectively...of the top 50 countries, the US is 46th. Freedom ain't free! (unless one lives in a dictatorship, then slavery ain't free).</p><p><br /></p><p>At the peak of the cold war, it was estimated that Russia spent up to 90% of it's GDP on it's military - and look where it got them![/QUOTE]</p><p><br /></p>
[QUOTE="coinup, post: 1056926, member: 23176"]The U.S. Department of Defense budget accounted in fiscal year 2010 for about 19% of the United States federal budgeted expenditures and 28% of estimated tax revenues. For FY 2010, Department of Defense spending amounts to [I][B]4.7% of GDP[/B][/I]. The 2009 U.S. military budget accounts for approximately 40% of global arms spending and is over six times larger than the [URL="http://en.wikipedia.org/wiki/Military_budget_of_the_People%27s_Republic_of_China"]military budget of China[/URL] (compared at the [URL="http://en.wikipedia.org/wiki/Real_versus_nominal_value"]nominal[/URL] [URL="http://en.wikipedia.org/wiki/US_dollar"]US dollar[/URL] / [URL="http://en.wikipedia.org/wiki/Renminbi"]Renminbi[/URL] rate, not the [URL="http://en.wikipedia.org/wiki/Purchasing_power_parity"]PPP[/URL] rate). The United States and its close allies are responsible for two-thirds to three-quarters of the world's [URL="http://en.wikipedia.org/wiki/List_of_countries_by_military_expenditures"]military spending[/URL] (of which, in turn, the U.S. is responsible for the majority).[URL="http://en.wikipedia.org/wiki/Military_budget_of_the_United_States#cite_note-24"][25][/URL][URL="http://en.wikipedia.org/wiki/Military_budget_of_the_United_States#cite_note-Facts-25"][26][/URL][URL="http://en.wikipedia.org/wiki/Military_budget_of_the_United_States#cite_note-26"][27][/URL] In 2005, the United States spent [B][I]4.06%[/I][/B] of its [URL="http://en.wikipedia.org/wiki/GDP"]GDP[/URL] on its military (considering only basic Department of Defense budget spending), more than France's 2.6% and less than [URL="http://en.wikipedia.org/wiki/Saudi_Arabia"]Saudi Arabia[/URL]'s 10%.[URL="http://en.wikipedia.org/wiki/Military_budget_of_the_United_States#cite_note-27"][28][/URL] This is historically low for the United States since it peaked in 1944 at 37.8% of GDP (it reached the lowest point of 3.0% in 1999–2001). Even during the peak of the [URL="http://en.wikipedia.org/wiki/Vietnam_War"]Vietnam War[/URL] the percentage reached a high of 9.4% in 1968 As a whole the US spends more money then most of the world [I]per capita[/I] - now look at countries like NK or Saudi Arabia, where it's 33% and 13% of it's GDP, respectively...of the top 50 countries, the US is 46th. Freedom ain't free! (unless one lives in a dictatorship, then slavery ain't free). At the peak of the cold war, it was estimated that Russia spent up to 90% of it's GDP on it's military - and look where it got them![/QUOTE]
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