Read the Beforeitsnews.com story here. Advertise at Before It's News here.
Profile image
By This Can't Be Happening
Contributor profile | More stories
Story Views
Now:
Last hour:
Last 24 hours:
Total:

Depending on What Denominator You Use, the US Spends Either 62% or 42% of the Federal Budget on the Military

% of readers think this story is Fact. Add your two cents.


In case you were wondering how Europeans have health care, great trains and roads and great schools…

by: 

Dave Lindorff

 

Economist Dean Baker, in an article published at NationofChange, complains that the New York Times never explains the federal budget in a way that Americans can comprehend, because it publishes big numbers, like the billions of dollars spent on welfare or on foreign aid, but never notes that neither of those “big” numbers amounts to even 1% of the federal budget. His critique is correct as far as it goes, but like all too many liberal analysts, Baker studiously fails to note a few really BIG numbers in the budget that also don’t get mentioned by the Times and the rest of the corporate media, either as a number or as a percentage.

This is a big failing of the liberal left: not calling out the Hannibal’s war elephant in the room.

Military spending, even when it does get reported, is often only referred to in terms of the increase being proposed, without the total ever being provided. It is reported (in the Times!) wrong in so many ways. For example, while the actual budget outlay is sometimes mentioned, the amount of the interest on the debt that is for prior military spending that was financed through borrowing is not included. Nor is the spending on veterans’ health care, which is surely part of military spending. Nor is the share of the Energy Dept. budget that is for nuclear weapons included. According to the National Priorities Project, the 2015 budget for the military was $598 billion, which represented 54% of all federal discretionary spending. That number didn’t include $65 billion in veterans spending and $26 billion for nuclear weapons, bringing the total to about $690 billion, or 63% of all discretionary spending. 2015 total discretionary spending was $1.1 trillion, including nuke spending and veterans spending, spending on the military represented 63% of the total.

(National Priorities Project chart)
 

read more

A news collective, founded as a blog in 2004, covering war, politics, environment, economy, culture and all the madness


Source: http://thiscantbehappening.net/node/3504


Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.


LION'S MANE PRODUCT


Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules


Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.



Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.


Report abuse

    Comments

    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    Total 1 comment
    • raburgeson

      The product of the means = the product of the extremes. Percentage always has a denominator of 100. It follow that 62 percent is 62/100. So to find the correct percentage you have (military spending/ Gross income = X/100). I recommend however that the interest owed should be taken into account. That would come off of gross income.

    MOST RECENT
    Load more ...

    SignUp

    Login

    Newsletter

    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.