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littlejohn

10/12/12 9:02 PM

#188669 RE: F6 #188615

New World Record for Trillion Dollar Deficits...

http://www.cbsnews.com/8301-505123_162-57531637/federal-deficit-in-2012-budget-year-tops-$1t/

Defense spending in 2011 was about 4.7% of US GDP on a $15.6 trillion GDP output basis for 2011...

There are numerous on-line Gov't. budget links for geeks to find that wanta search for them...

The use of a $1 or 2 calculator can help you find percentages with your own hands...

Math is based on simple, finite rules and smiling and hoping don't overshadow the end result...LJ



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littlejohn

10/12/12 9:41 PM

#188673 RE: F6 #188615

Oops, there it is...

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

But I have seen estimates of actual defense spending totals much higher than the above link...LJ