In 1960, with no U.S. involvement in a hot war, the percentage of GDP spent on defense was 9.3. This year, with wars in Afghanistan, Iraq, and anti-terrorist military activities around the world, we're spending a miserly 3.5 percent.
Yet the entire federal budget keeps taking up a higher percentage of the GDP. One has to wonder where all that extra money is going.
8 posted on 07/08/2004 1:22:36 PM PDT by Moonman62