reply to post by reasonable
For FY 2009, Department of Defense spending amounts to 4.8% of GDP. The U.S.The Department of Defense budget is slated to be $651 billion in 2009 so
this makes it cheaper than the healthcare bill. As far as percentage of GDP this ranks the United States 27th in the world as far as military
spending.
The top ten military budgets based off GDP is
1 Oman
2 Qatar
3 Saudi Arabia
4 Iraq 8.6
5 Jordan
6 Israel
7 Yemen
8 Armenia
9 Eritrea
10 Macedonia
The United States spent 4.8% of its GDP on its military which is less than Saudi Arabia's 10%.This is historically low for the United States since it
peaked in 1944 at 37.8% of GDP (it reached the lowest point of 3.0% in 1999-2001). Even during the peak of the Vietnam War the percentage reached a
high of 9.4% in 1968.
Bottom line is we made more we spent more now how long this will go on is any ones guess if the GDP goes down then so will military spending.