Thursday , 28 March 2024

Face the Facts #8: U.S. Military Spends 58% of Total Spent By World’s Top 10 Military Powers

 

The U.S. outspends China, the next-biggest military power, by nearly 6-to-1. Check out today’s infographic to see which nations round out the top 10 – and in the “What Do Others Say?” section below, explore more about the costs and benefits of superpower status.

This series is brought to you courtesy of Lorimer Wilson, editor of www.FinancialArticleSummariesToday.com (A site for sore eyes and inquisitive minds) and www.munKNEE.com (Your Key to Making Money!). This paragraph must be included in any article re-posting to avoid copyright infringement.

This is the 8th in a series* of 100 facts about big issues facing American voters which are being presented by www.FaceTheFactsUSA.org every day until the election to help Americans debunk myths, hold better conversations, get involved, and make choices as smarter citizens.

Face the Facts USA (www.FaceTheFactsUSA.orgis a nonpartisan, independently-funded initiative, backed by Americans who believe facts should come first in our national debate. We’re supported by The George Washington University and based at GW’s School of Media and Public Affairs, where faculty and students work with journalists and media professionals to research facts….Face the Facts USA slices through the hyperbole, spin, and slant that gunk up the biggest issues facing America today – and presents exhaustively researched and vetted facts in a compelling, easy-to-digest way.

Fact#8* Released: Aug. 6, 2012 National Security

How do we know?

What do others say?

Here are stories and opinions relating to this fact. We didn’t base the fact on them. Some argue a point of view. That’s them talking, not us. To suggest an addition, use the comment thread.

 
 
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Previous Facts:

1. Fact #1: Revenue Does Not Cover Core US Programs

2. Fact #2: The U.S. Has the Highest Corporate Tax Rate in the World

3. Fact #3: Overspending on Education in U.S. Doesn’t Buy Genius

4. Fact #4 from FaceTheFactsUSA.org: Twice the Time Now Spent in Traffic Congestion vs. 2010

5. Fact #5: 44% of Jobless Are Unemployed Longer Than 6 Months!

6. Fact #6: America – A Super Rich Country With Supersized Hunger Pangs and Supersized Waste

7. Fact #7: U.S. Owes $Trillions to Other Countries – and to Its Citizens!