Current Applications
According to SIPRI, total world spending on military expenses in 2009 was $1.531 trillion US dollars. 46.5% of this total, roughly $712 billion US dollars, was spent by the United States. The privatization of the production and invention of military technology also leads to a complicated relationship with significant research and development of many technologies.
The Military budget of the United States for the 2009 fiscal year was $515.4 billion. Adding emergency discretionary spending and supplemental spending brings the sum to $651.2 billion. This does not include many military-related items that are outside of the Defense Department budget. Overall the United States government is spending about $1 trillion annually on defense-related purposes.
The defense industry tends to contribute heavily to incumbent members of Congress.
Read more about this topic: Military-industrial Complex
Famous quotes containing the word current:
“The first opinion that occurs to us when we are suddenly asked about something is usually not our own but only the current one pertaining to our class, position, or parentage; our own opinions seldom swim on the surface.”
—Friedrich Nietzsche (1844–1900)