dvhled replied to your photo: The notion that if we cut our defense budget by as…
LOL. We could spend just 1% of our GDP and we’d still out spend everyone combined.
Besides, GDP is a bullshit number. If blow up a building and rebuild it, it adds to the GDP, but we didn’t actually gain anything from the act. You can make stats twist and bend in many ways, what you can’t hide is the raw facts.
The raw fact is that we outspend EVERYONE and we don’t have to. Period.
I’m no gun-hating hippie. I own more guns than I have fingers on my hands. I run a gun blog. I go hunting. But I’m also logical and I understand that we don’t need to outspend everyone and serve as the world police for the UN and the global muscle for the bankster run mafia.
You chart is also ridiculous in the sense that the countries that spend a greater GDP% than the USA also have insignificant GDPs, which when anchored to the fixed cost of weapons in the global market(that happen to be astronomically high) of course countries with tiny GDP’s will show a disproportionately higher spending on a percentage basis.
A fighter jet or a tank or a SAM missile doesn’t have the benefit of localized production and therefore doesn’t get priced regionally. You want a tank, you have to pay American, Russia, German, British or Chinese dollars for it because that’s who makes the tanks. There is no local discount. If a country like Armenia wants a fighter jet, they pay the same if not a lot more than America does for it, but Armenia doesn’t make anywhere near the same money.
Myanmar could spend 1000% of their GDP and still have a smaller military than a single battalion of the US Army because Myanmar’s GDP is 0.003% of our GDP. They produce $51.9 billion dollars a year, as a country! Apple makes that in a single fiscal quarter. Just to contract, we spend about $348 billion dollars to purchase and operate just 12 nuclear submarines. We spent $1 billion on researching and test what submarine we wanted to buy!
So get this “As a % of GDP” out of your system.