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To: BroJoeK
Defense spending portion of the federal budget INFO GRAPHICS
70 posted on 01/29/2024 1:14:16 PM PST by UMCRevMom@aol.com (Pray for God's intervention to stop Putin's invasion of Ukraine 🇺🇸 )
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To: UMCRevMom@aol.com

bttt


71 posted on 01/30/2024 12:32:36 AM PST by linMcHlp
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To: UMCRevMom@aol.com; linMcHlp; aynrandfreak; gleeaikin; MeganC; PIF

US defense spending has fallen steadily since 1945.
In round numbers, here are the peak spending levels since:

  1. 1944 World War II peak ~40+% of GDP
  2. 1952 Korean War peaked at 15% of GDP
  3. 1968 Vietnam War peaked at 10% of GDP
  4. 1986 Cold War Reagan peaked at 7% of GDP
  5. 2008 War on Terror peaked at 5% of GDP
  6. 2020 Trump military buildup peaked at 4% of GDP
  7. Today circa 3% of GDP.
This graph goes all the way back to 1792.
Note previous wars, 1812, 1846, 1860s, 1918 and 1940s.


73 posted on 01/30/2024 4:24:12 AM PST by BroJoeK (future DDG 134 -- we remember)
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