The Truth About the USA’s Military Budget

There’s a lot of talk out there about the USA’s military budget.  You see a lot of graphics like this     talking about how the USA’s military budget dwarfs other military budgets.  How the USA’s military budget is as large as the next Top 7 military budgets, combined.  And this is not inaccurate. In 2015, the USA […]

An Easy Way To Understand The USA’s Budget

Let me give you an easy way to understand the USA’s budget by comparing their numbers to something more familiar to you. Here’s the numbers regarding the 2012 US income/budget/debt:But that’s not easy to understand and appreciate. Because it just looks like such an enormous amount of money. So how about we remove some zeros and […]

US Military Budget Timeline

An Economic Timeline Regarding US Military Spending (in billions) 1942 $260 (estimated) 1944 $850 (estimated) WWII ENDS 1946 $556.9 1947 $52.4 COLD WAR BEGINS 1948 $103.9 1949 $144.2 1950 $141.2 KOREAN WAR BEGINS 1951 $224.3 1952 $402.1 1953 $442.3 KOREAN WAR ENDS 1954 $420.9 VIETNAM BEGINS 1955 $376.9 1956 $356.2 1957 $360.9 1958 $352.9 1959 $352.5 […]