Wednesday, April 21, 2010

Defense Spending Is Much Greater than You Think

by Robert Higgs from The Independent Institute. The author lists many military related expenses that are hidden in other departments that are never included in "defense" spending. Thus
the grand total comes to $1,027.8 billion, which is 61.5 percent greater than the Pentagon’s outlays alone.
Hence over 1 trillions dollars is spent every year by the US ruling class using taxpayer money to enforce their interests (profits, cheap labor and materials) on people throughout the world.