Bloated defense industry contracts to protect us from phantom enemies is what drives the skyrocketing military budget at the expense of decent health care and a deteriorating US infrastructure. All our US tax dollars go to the pentagon to fund wars that make the elite rich. Everyone knows the truth and still, we do nothing.
STOCKHOLM (AFP) — World military spending grew 45 percent in the past decade, with the United States accounting for nearly half of all expenditure, the Stockholm International Peace Research Institute (SIPRI) said Monday. Military spending grew six percent last year alone, according to SIPRI’s annual report.
In 2007, 1,339 billion dollars was spent on arms and other military expenditure, corresponding to 2.5 percent of global gross domestic product, or GDP — or 202 dollars for each of the world’s 6.6 billion people. The United States spends by far the most towards military aims, dishing out 547 billion dollars last year, or 45 percent of global expenditure. Britain, China, France and Japan, the next in line of big spenders, lag far behind, accounting for just four to five percent of world military costs each. More
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