Military Spending Out Of A Recession
Read the full article at: http://barelkarsan.com/2008/12/military-spending-out-of-recession.html
Submitted by sajid.karsan on Tue, 2008-12-30 03:19.
(via barelkarsan.com)
Much has been made of the US Federal debt which currently stands at over $10 trillion. While this number continues to increase as the government tries to spend its way out of a recession, eventually the government will have to cut its spending. One of the largest components of the US budget is its military spend. Here's a chart depicting US military spend over the last three decades:
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