Matthew Yglesias.
US Defense Spending In Context
I’ve shown charts before showing how absurd the American defense budget looks in context. Now a new chart making the same point, but with slightly more up-to-date 2007 spending data:
As you can see, not only is the United States spending well over double the combined defense budgets of Russia and China, but America’s close allies constitute the bulk of the other big spenders. Indeed, if you add all the European countries together, they spend about 50 percent more than Russia and China combined.
