Tag Archives: SIPRI

How Big is the Military Industrial Complex? Why does the U.S. spend 50% of all worldwide military expenditures?

The Congress is concerned about our deficit. The United States spends close to 50% of the entire world’s military expenditures. Why do we need to spend 7 times more than China and 13 times more than Russia on military issues? The U.S. spends more on military expenditures than the next 14 ranked countries combined according to the Stockholm International Peace Research Institute (SIPRI). Is this excessive? Continue reading

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