America Spends Less On Its Military Than You Think. Look At The Numbers. (From Forbes)
U.S. military spending is not excessive relative to the size of the federal budget or the national economy. The Biden administration has requested $886 billion in national defense spending for the fiscal year beginning October 1, which represents about 13% of the budget and 3% of the economy. Within the defense budget, even the biggest weapons programs typically claim only a few hours of federal spending per year. In fact, Americans spent more on the holidays last year than they did on their entire military establishment, and it is not uncommon for lesser holiday outlays like Halloween candy to attract more money than vital weapons systems. I have written a commentary for Forbes here.
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