Governments spend trillions on weapons, claim there is no money for health care

 

Military expenditure increases in the first year of the pandemic

The 2.6 per cent increase in world military spending came in a year when global gross domestic product (GDP) shrank by 4.4 per cent (October 2020 projection by the International Monetary Fund), largely due to the economic impacts of the Covid-19 pandemic. As a result, military spending as a share of GDP—the military burden—reached a global average of 2.4 per cent in 2020, up from 2.2 per cent in 2019. This was the biggest year-on-year rise in the military burden since the global financial and economic crisis in 2009.

Even though military spending rose globally, some countries explicitly reallocated part of their planned military spending to pandemic response, such as Chile and South Korea. Several others, including Brazil and Russia, spent considerably less than their initial military budgets for 2020.

‘We can say with some certainty that the pandemic did not have a significant impact on global military spending in 2020,’ said Dr Diego Lopes da Silva, Researcher with the SIPRI Arms and Military Expenditure Programme. ‘It remains to be seen whether countries will maintain this level of military spending through a second year of the pandemic.’

Strong increase in US military spending continues in 2020

In 2020 US military expenditure reached an estimated $778 billion, representing an increase of 4.4 per cent over 2019. As the world’s largest military spender, the USA accounted for 39 per cent of total military expenditure in 2020. This was the third consecutive year of growth in US military spending, following seven years of continuous reductions.

‘The recent increases in US military spending can be primarily attributed to heavy investment in research and development, and several long-term projects such as modernizing the US nuclear arsenal and large-scale arms procurement,’ said Alexandra Marksteiner, a researcher with SIPRI’s Arms and Military Expenditure Programme. ‘This reflects growing concerns over perceived threats from strategic competitors such as China and Russia, as well as the Trump administration’s drive to bolster what it saw as a depleted US military.’

 

https://www.sipri.org/media/press-release/2021/world-military-spending-rises-almost-2-trillion-2020

I guess the government gets paid money for every dead body occuring in war. rolling eyes

Military Industrial complex always gets its way. We should just ask it for money instead of wasting time with dead-end liberal democracy.

Military Industrial complex always gets its way. We should just ask it for money instead of wasting time with dead-end liberal democracy. – oneguy

?

How do you do that?

Liberals, not all, but many, want to cut funding of the military. Military doesn’t create money, it’s an expense

 

dead-end liberal democracy.
Says the guy who deifies trumpster thinking.

Alt-right thinking is first degree self-destructive for all, but the arms dealers and the hysterical trigger pullers.

Military Industrial complex always gets its way. We should just ask it for money instead of wasting time with dead-end liberal democracy. — oneguy

?

How do you do that?

Liberals, not all, but many, want to cut funding of the military. Military doesn’t create money, it’s an expense


I was partly joking as the MIC seems to be in charge of the government, and resists all attempts to shrink it.

I was partly joking -- one
I don't get it