The Truth About the USA’s Military Budget

There’s a lot of talks out there about the USA’s military budget. There’s a lot to spend on, obviously – their soldiers, resources, uniform, machinery, even equipment too like a biohazard mask or a radiation suit. However, how do we analyze this? You often see a lot of graphics like this talking about how the […]

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 […]