The Trillion-Dollar Military Still Isn’t Enough for the War Party

via mises:

Since the end of the Cold War in 1990, US defense spending has increased 182 percent in nominal terms, and 44 percent in inflation-adjusted terms. In inflation-adjusted terms, defense spending is now about equal with the all-time peak reached in 2011, and the White House’s Office of Management and Budget estimates that defense spending will reach an all-time high in 2020.

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Source: Office of Management and Budget, Historical Tables, Table 3.2.

 

 

 

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