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URL:  http://boards.fool.com/jlc-ltltltresize-the-military-budget-first-30383231.aspx

Subject:  Re: Little known facts Date:  11/15/2012  2:27 PM
Author:  JAFO31 Number:  655299 of 744350

JLC:

<<<resize the military budget first, then the others. but the sacred cow needs dehorning.>>>

"Resize welfare first.

Like it or not, believe it or not, the USA is in a chronic state of war with radical islam/terrorist/what ever euphemism. Thus we need to constantly update/maintain our military superiority. Then throw in the growing Chinese presence...."


The US spends roughly 41% (40.98) of world-wide defense expenditures,

http://en.wikipedia.org/wiki/List_of_countries_by_military_e...

and more than the than the next 9 countries with high military spending, by a margin of 1.23:1, [Id.] and

and more in total than the next 14 countries with high military expenditures. [Id.]

See also, e.g., http://defense.aol.com/2012/03/16/the-military-imbalance-how...

Given the existing disparities in spending, is there ever an amount of US defense spending that you would consider too much, or is the desire for military spending simply non-satiable?

Regards, JAFO
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