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US Military Spending 
5th-Jan-2012 01:19 pm
Palin Russia
According to information published in the Stockholm International Peace Research Institute (SIPRI) Military Expenditure Database for 2010, following is the amount of money spent on military spending by the top 10 countries in the world, based on 2009 dollars:

1 United States-$687.1 billion
2 People's Republic of China-$114.3 billion
3 France-$61.3 billion
4 United Kingdom-$57.4 billion
5 Russia-$52.6 billion
6 Japan-$51.4 billion
7 Germany-$46.8 billion
8 Saudi Arabia-$42.9 billion
9 Italy-$38.2 billion
10 India-$34.8 billion

Poll #1808606 Military Spending

Assuming the above figures to be correct, US military spending is

Much too high
A little too high
About right
A little too low
Much too low

Taking into account the responsibilities that the United States has, if you had control to decide this, how much would you cut US military spending by?

I wouldn't cut it, I would increase it
I wouldn't cut or increase it, I'd leave it as is
No more than 10%
Between 10 and 25%
Between 25-40%
Between 40-50%
Between 50-75%
Over 75%
5th-Jan-2012 09:22 pm (UTC)
9001: Canada-$0.25
5th-Jan-2012 09:31 pm (UTC)
I was surprised to see that Canada was ranked at #13 ($20.16 billion). It amazes me that despite that, Canada has such a low debt and survived the economic crash of 2008 so much better than the US.
5th-Jan-2012 09:33 pm (UTC)
I'm sure part of the reason we've fared better is that our health care system isn't so... broken. America's insurance system is costing so much money. What we have is far from perfect, but it's doing its job well and keeping us afloat.

God, I remember years ago we had a budget surplus for a year. Mind-boggling.
6th-Jan-2012 03:08 pm (UTC)
same with us In Germany- our system are far from perfect but they kept the people in place .
5th-Jan-2012 09:31 pm (UTC)
Jesus balls, I just did math and cutting 75% would have it at $171.75 billion, still the highest.
5th-Jan-2012 09:43 pm (UTC)
This is probably why I'm not in charge of setting the military budget. I mean, really, what do I know?
5th-Jan-2012 10:15 pm (UTC)
I remember watching a TEDtalk somewhere that showed that while US spends the most on military, it drops off the Top 5 when looking at the context of GDP -- which basically means US spends a lot because they have a huge population.

Is it still very high? Yes. Do I think most of the money would be better spent in areas like education? Absolutely. But I think in the bigger picture, there are still a handful of countries that put even more emphasis on its military than the States, like North Korea and Eritrea which spend 20% of GDP on it compared to the States 5%. So while it's not great, I'm just thankful it isn't as bad as some other places. Anyway, I think it's a complex issue and I don't know enough about how it all works to really discuss it, but thought I'd throw in another perspective on the stats. :)
6th-Jan-2012 08:54 pm (UTC)
I don't know much about military spending, but I know if anything is cut, it's usually the salaries of the soldiers who are already the lowest paid. Therefore, I do not support decreasing the military spending in the United States unless it comes out of the pockets of the richer pricks first.
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