Message Font: Serif | Sans-Serif
 
No. of Recommendations: 0
That's deceptive, Bob. And I'm sure you know it. It's a larger percentage of a smaller number.

It's not deceptive. It's what part of government spending went for the DoD. Since the percentage went down it means other parts of government grew to take a larger slice of the pie. And back when JFK was elected the Defense Department took up 55% of all federal spending (larger slice of a smaller pie, total expenditures being only $97 billion or $770 billion in today's dollars).

DB2
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement