On it’s way to 60% of our spending, already one half the world’s total, one newspaper editor steps up:
Our military budget is 13 percent higher than at the peak of the Korean War, 33 percent higher than at the peak of the Vietnam War, 12 percent higher than at the peak of the Cold War and 64 percent higher than the Cold War average.
Dwight D. Eisenhower:
Every gun that is made, every warship launched, every rocket fired signifies, in the final sense, a theft from those who hunger and are not fed, those who are cold and are not clothed. This world in arms is not spending money alone. It is spending the sweat of its laborers, the genius of its scientists, the hopes of its children.
Biggest US Defence Budget Since WW2
Fred Kaplan | Slate | 1 February 2010
At $708bn, 2011 defense budget 23% higher in real terms than Cold-War peak.