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Interesting article on military spending
Posted on: May 9, 2017 at 10:08:49 CT
Knucklehead MU
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A lot of interesting statistics and claims in this.
A few that caught my eye (1) study claiming total long term cost of Iraq, Afganistan and Syrian wars for US is $4.7 trillion, (2) under Trump's proposed budget 68% of discretionary spending is for the military and homeland security; and (3) US paid top 100 defense contractors $175 billion in 2015.
https://www.commondreams.org/views/2017/05/09/american-way-war-budget-breaker
I am glad I bought defense stocks in October. My reading of campaign rethoric at that time was that no matter who won the election military spending was going up.
A few that caught my eye (1) study claiming total long term cost of Iraq, Afganistan and Syrian wars for US is $4.7 trillion, (2) under Trump's proposed budget 68% of discretionary spending is for the military and homeland security; and (3) US paid top 100 defense contractors $175 billion in 2015.
https://www.commondreams.org/views/2017/05/09/american-way-war-budget-breaker
I am glad I bought defense stocks in October. My reading of campaign rethoric at that time was that no matter who won the election military spending was going up.
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Interesting article on military spending - Knucklehead MU - 5/9 10:08:49