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Military Balance 2012

Posted By Barry Ritholtz On March 21, 2012 @ 2:30 pm In Digital Media,War/Defense | Comments Disabled

For those people who are truly concerned about deficits — real Hawks, not deficit peacocks — should take a look at this chart from The International Institute for Strategic Studies [1].

Look at the comparative defense budgets of various countries, versus what can only be described as the unique military budget of the USA; if you are serious about balancing federal debt, any plan should include significantly reduced spending in this budget line:


Click to enlarge:

Source: The International Institute for Strategic Studies [1]

Article printed from The Big Picture: http://www.ritholtz.com/blog

URL to article: http://www.ritholtz.com/blog/2012/03/military-balance-2012/

URLs in this post:

[1] The International Institute for Strategic Studies: http://www.iiss.org/publications/military-balance/the-military-balance-2012/press-statement/

[2] Image: http://www.ritholtz.com/blog/wp-content/uploads/2012/03/Defence-budgets-and-expenditure.jpg

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