Fucked for life.

The Shame of Nations: A New Record is Set for Spending on War

World military spending reached a record $1,738 billion in 2011 — an increase of $138 billion over the previous year. The United States accounted for 41 percent of that, or $711 billion.

Some news reports have emphasized that, from the standpoint of reducing reliance on armed might, this actually represents progress. After all, the increase in “real” global military spending — that is, expenditures after corrections for inflation and exchange rates — was only 0.3 percent. And this contrasts with substantially larger increases in the preceding thirteen years.

But why are military expenditures continuing to increase — indeed, why aren’t they substantially decreasing — given the governmental austerity measures of recent years? Amid the economic crisis that began in late 2008 (and which continues to the present day), most governments have been cutting back their spending dramatically on education, health care, housing, parks, and other vital social services. However, there have not been corresponding cuts in their military budgets.

Americans, particularly, might seek to understand why in this context U.S. military spending has not been significantly decreased, instead of being raised by $13 billion — admittedly a “real dollar” decrease of 1.2 percent, but hardly one commensurate with Washington’s wholesale slashing of social spending. Yes, military expenditures by China and Russia increased in 2011. And in “real” terms, too. But, even so, their military strength hardly rivals that of the United States. Indeed, the United States spent about five times as much as China (the world’s #2 military power) and ten times as much as Russia (the world’s #3 military power) on its military forces during 2011. Furthermore, when U.S. allies like Britain, France, Germany, and Japan are factored in, it is clear that the vast bulk of world military expenditures are made by the United States and its military allies.

(Source: azspot)