Thursday, October 10, 2013

US Military Spending

Without a doubt the US military has been the most influential military power in recent years. Its power is directly connected to the massive influx of funds it receives but how much is too much? The amount of money that is pouring into the military has been on the rise due the the so called War on Terror and the invasions of many of the middle eastern countries. As you can see in the first graph the US military funding has steadily increase since 2001, only decreasing in recent years due to the Iraq war reduction and redeployment  into Afghanistan. The second graph shows how much money we spend on military in comparison to other domestic institutions.
2001 military spending was $316bn. 2013’s is approximately $615bn. The peak was 2010 at $691bn



I do not necessarily agree with this massive funding that is directed to the military. We have a plethora of other issues that could be solved with all the money that is being endlessly poured into our military.

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