Lets take a look at world military budgets

With the war on terror etc we have seen the US quite dramatically increase
military spending to very high levels (extra 100bn per yr) and by taking a look at this link u can see how far ahead they really are.

www.cdi.org...

The funny thing is that this is still only like 3/4 % of their annual budget which is actually proportionally less than many other countries......ah the benefit of having an economic powerhouse behind your military

the UK is fifth in the list then how come our equipment is so crappy
The Labour Government has alot to answer for in the UK
(stupid Tony Blair and his stupid Labour Party)

Interesting how the US budget is so huge. Well if theres one thing about Bush I can support its his increased military budget. Tony Blair probably used that huge military budget to develop existing technology or something.

Originally posted by ufo3
With the war on terror etc we have seen the US quite dramatically increase
military spending to very high levels (extra 100bn per yr) and by taking a look at this link u can see how far ahead they really are.

www.cdi.org...

The funny thing is that this is still only like 3/4 % of their annual budget which is actually proportionally less than many other countries......ah the benefit of having an economic powerhouse behind your military

Yes, but how long can U.S.A keep theyr budget so high? U.S.As economy is going very bad. They have to cut it down soon.

I was thinking the same thing Wizard.

Where the hell is it all going???

I mean Trident and its accessories only cost 1b a year to keep going.

Yes, Kormy, our economy is in shambles!

Lets see, in 2003 Finlands GDP was about 143 million Euros, which in today's conversion is about 176 million USD. This was in increase of about 1.9% from last years GDP. Not to shabby.

While here is the US, our weak economy produced a GDP of about 10, 987 billion dollars (which is about 13, 564 billion Euro), which was only an improvement of .95% from 2002. Hmmm... not looking good.

Yet, our mere .95% improvement from the previous year (about 507 billion dollars) still managed to to be nearly three thousand times your entire GDP, so I'm not feeling too broken up about it....



[edit on 6-7-2004 by Pyros]

If our military budget is only 3/4 of a percent of our economy, then i ask you:

What is the other 99.25% of our budget going? If our budget it that big, and military spending is that low, then I must wonder......

Where the rest is going.

Answer that, and you might be on to something.

Originally posted by ufo3
The funny thing is that this is still only like 3/4 % of their annual budget which is actually proportionally less than many other countries......ah the benefit of having an economic powerhouse behind your military

I actually would like to see more spent particularly in the R&D area. I am a firm beliver that money spent on military applications eventually translate to mainstream applications. GPS, lasers etc etc. Its money well spent.

Read the bottom, * 2001 Funding

The US needs the huge military spending and I hope it increases so we can get more raptors but if the US wants to have the best military it needs it and if we stop the huge spending we will end up like the British armed forcesbut seriously where is the money in the UK going?

Dude the Brits have a good enough budget but bueracracy wastes all the money on concepts like the screen door for submarines.

The British Officers spend all the money on tea

Originally posted by IEatShoePolish
The British Officers spend all the money on tea

Sad but probably true..........Seriously though ,the uk really needs to sort its s@@t out there is even talk of our budget being drastically reduced.

Where is the american embassy? Ive always wanted to live in the states , i really want to emigrate (if they will let me in) the quality of life is much better than in this country.

Originally posted by Skadi_the_Evil_Elf
If our military budget is only 3/4 of a percent of our economy, then i ask you:

What is the other 99.25% of our budget going? If our budget it that big, and military spending is that low, then I must wonder......

Where the rest is going.

Answer that, and you might be on to something.

Well, a bit more than the military budget is spent on Health and Human services programs. Also a bit more than that is for Social Security.Believe it or not, almost as much as is spent on the military is spent on interest to the national debt. Which we have been paying forever and have never been out of the clear to not have that bill. The rest is broken up into 22-24 other categories of much smaller amounts. In 2003 our military budget was 17.8% of the total budget. Health and Social Security are simular in size.

Originally posted by GriBiT

Originally posted by Skadi_the_Evil_Elf
If our military budget is only 3/4 of a percent of our economy, then i ask you:

What is the other 99.25% of our budget going? If our budget it that big, and military spending is that low, then I must wonder......

Where the rest is going.

Answer that, and you might be on to something.

Well, a bit more than the military budget is spent on Health and Human services programs. Also a bit more than that is for Social Security.Believe it or not, almost as much as is spent on the military is spent on interest to the national debt. Which we have been paying forever and have never been out of the clear to not have that bill. The rest is broken up into 22-24 other categories of much smaller amounts. In 2003 our military budget was 17.8% of the total budget. Health and Social Security are simular in size.

The figure is nowhere near 17.8 percent of gdp for the US its more like 3 and a half percent, check out this link:

www.geographyiq.com...

Actually, UFO, consider Austrailia instead of the US.

Why do so many Brits wanna leave thier country and go abroad? Thats kinda disturbing look into the inside.

Thanks for the Info, Gribit. the fact that we spend so much money on the national debts interest is pretty bothersome, if you ask me.

I admire the american way of life and have always wanted to live there ,hell
i have been on holiday 7 or 8 times to the states (even been lucky enough to see a shuttle launch on one occasion).Cant u see how lucky u are to live in the US?
PS why would i want to go to aus?

This is part of the 2005 US budget, check the defense, and Rebuilding of Afghanistan and this is just on the defense alone.

Advances ongoing efforts in the War on Terror by providing $1.2 billion for rebuilding Afghanistan and continues to build a broad coalition to defeat terrorism and spread freedom and democracy worldwide.

Targets over $5.7 billion in military and economic assistance to front-line states supporting the United States in the War on Terror.

Continues strengthening and transformation of defense capabilities by providing $402 billion for DOD, a seven-percent increase.

Provides a 3.5-percent pay raise for military personnel and improves housing by privatizing 90,000 units by the end of 2005.

Improves America's security with a 10-percent increase in homeland security discretionary spending.

Provides $5.3 billion for the Transportation Security Administration (a 20-percent increase) and $6.2 billion for the Coast Guard (a nine-percent increase).

Doubles the level of first responder preparedness grants targeted to high-threat areas that face greater risk and vulnerability.

Protects our food supply by providing $553 million (a 180-percent increase) in funds for a new agriculture and food defense initiative and $274 million for a new biosurveillance initiative.

Provides $5.1 billion (an 11-percent increase) for the FBI, including a $357 million increase for counterterrorism activities.


www.whitehouse.gov...

according to the IISS, which publishes figures used by the CDI, DoD, and State Department, the US spends 3.3% of it's GDP on defense (using 2002 figures). Table 1 in the following document is one source that may be helpful to this thread:

CRS Report: Comparisions of US and Foreign Military Spending: Data from Selected Public Sources

-koji K.

story.news.yahoo.com.../040706/480/nyet25307061931


The economy is growing 4.5% since last year.