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Defense Spending: Almost 5 Percent of GDP

OK, one more Pentagon budget chart. This should give a sense of the Pentagon budget in a broader context. Even through the Bush years, there ran a critique

Jul 31, 2020
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DODGDP.jpg
DODGDP.jpg
OK, one more Pentagon budget chart. This should give a sense of the Pentagon budgetin a broader context. Even through the Bush years, there ran a critique that the U.S. was “only” spending 3.5 percent of GDP on defense. One Rumsfeld enthusiastcalled that paltry sum dominance “without even breathing hard.” Well, now it’s 4.7 percent of GDP. Feel safer?
Now, it isn’t just increases to the base budget that account for that growth alone. It’s the ongoing expenses of Iraq and Afghanistan — which will end at some point; the Iraq deployment will end next year — and the miserable state of the economy. So we’ll have to see what this looks like going forward. But still — nearly five percent of GDP…
Hajra Shannon

Hajra Shannon

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Hajra Shannona is a highly experienced journalist with over 9 years of expertise in news writing, investigative reporting, and political analysis. She holds a Bachelor's degree in Journalism from Columbia University and has contributed to reputable publications focusing on global affairs, human rights, and environmental sustainability. Hajra's authoritative voice and trustworthy reporting reflect her commitment to delivering insightful news content. Beyond journalism, she enjoys exploring new cultures through travel and pursuing outdoor photography
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