Wednesday, March 2, 2011
What Does the US Spend on 'National Security'?
$1.2 Trillion/Year
Get the facts behind this number by reading this helpful tutorial. Chris Hellman of the National Priorities Project documents and reveals the many aspects of government spending (some open – others obscured) that are labeled as national security. The total is $1.2 trillion per year. It is a number nobody wants you to know.
Reference Guide:
What is the difference between a million, a billion and a trillion?
• A stack of hundred dollar bills that equals one MILLION dollars would be four inches high.
• A stack of hundred dollar bills that equals one BILLION dollars would be thirty feet taller than the Statue of Liberty.
• A stack of hundred dollar bills that equals one TRILLION dollars would be 63 miles high. In comparison, jet planes fly around 7 to 8 miles above the earth.
Put another way.
A country with a gross domestic product of $1.2 trillion would have the 15th largest economy in the world, ranking between Canada and Indonesia, and ahead of Australia, Taiwan, the Netherlands, and Saudi Arabia.
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