the US spends almost as much as the rest of planet put together, and this after one of its greatest presidents warned about the danger of military industrial complex getting too powerful (cuz they, in effect, busily re-program the economy with military spending the major, often their only, factor)...only a generation ago, before st regain came along, $100 billion military spending was seen as OBSCENE! today, a $trillion budget is more then likely...
greed run wild
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<snip>
World military expenditure in 2005 is estimated to have reached $1,001 billion at constant (2003) prices and exchange rates, or $1,118 billion in current dollars;
This corresponds to 2.5 per cent of world GDP or an average spending of $173 per capita;
World military expenditure in 2005 presents a real terms increase of 3.4 per cent since 2004, and of 34 per cent over the 10-year period 1996–2005;
The USA, responsible for about 80 per cent of the increase in 2005, is the principal determinant of the current world trend, and its military expenditure now accounts for almost half of the world total; <snip>
http://www.globalissues.org/Geopolitics/ArmsTrade/Spending.asp