Friends,
Wise men and women throughout the centuries and up to today have cautioned about pursuing wars and rumors of wars. How can a good nation like ours justify such spending on war making equipment during a time when acute deprivation exists around the world––including within our own country. Just yesterday I stood in my Safeway checkout line watching a marginal family use several food stamp chits to get the most meagre of groceries––this is in my own neighborhood. How can we address the gross expenditures on weapons that kill when so many are so destitute. My thoughts go immediately to the millions of peoples living in squalid refugee camps from recent wars that have chased them into other countries. Makes one wonder if there is any justice left in the world, or more importantly is there anything we can do about this situation. In any case, let us put our braincells together to come up with "out-of-the-box solutions" to address this aberration to kill rather than to cooperate in human nature. Sharon
US Military Spending Still up 45% Over Pre-9/11 Levels
By Dan Froomkin, The Intercept
21 April 2015
espite a decline in military spending since 2010, U.S. defense expenditures are still 45 percent higher than they were before the 9/11 terror attacks put the country on a seemingly permanent war footing.
And despite massive regional buildups spurred by conflict in the Ukraine and the Middle East, the U.S. spends more on its military than the next seven top-spending countries combined, according to new figures compiled by the Stockholm International Peace Research Institute (SIPRI).
That’s nearly three times as much as China, and more than seven times as much as Russia.
The share of world military expenditure of the 15 states with the highest expenditure in 2014. (photo: SIPRI)
Saudi Arabia is now the fourth-biggest military spender on the globe, which in its case means spending nearly $80 billion last year buying weapons, mostly from the U.S., and most notably including fistfuls of F-15 fighters and top-of-the-line attack helicopters.
As Mark Mazzetti and Helene Cooper reported for The New York Times over the weekend, the new arms race in the Middle East has resulted in a “boom” for American defense contractors.
U.S. military spending has now fallen by 20 percent since its peak in 2010. But overall, the world’s arms bazaar is doing just fine, reports SIPRI, as “reductions in the United States and Western Europe were largely matched by increases in Asia and Oceania, the Middle East, Eastern Europe and Africa.”
China, Russia and Saudi Arabia all “substantially increased their military expenditures,” with the Saudis now spending a staggering 10 percent of their GDP on military expenditures — although it’s doubtful they can even feel it.
In a supplemental report, SIPRI reports on how the crisis in the Ukraine has led to “a renewed commitment by NATO members to spend at least 2 per cent of their gross domestic product (GDP) on the military.” The U.S. is spending 3.5 percent of its GDP on military expenditures.
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