June 8, 2005


Via Kos, news story from Reuters:
World military spending rose for a sixth year running in 2004, growing by 5 percent to $1.04 trillion on the back of "massive" U.S. budgetary allocations for its war on terror, a leading research institute said on Tuesday.

But world military expenditure was still 6 percent below all-time highs recorded in 1987-88 toward the end of the Cold War, Stockholm International Peace Research Institute (SIPRI) said in its annual yearbook.

With expenditure of $455 billion, the United States accounted for almost half the global figure, more than the combined total of the 32 next most powerful nations, said SIPRI, which is widely recognized for the reliability of its data.
America really is, above all, a polemocracy, isn't it?

EDIT: That means war state.

1 comment:

  1. OK Chris, I'll bite. What is a polemocracy? Is that LittleGreenBlog slang of some sort? Are you trying to say plutocracy? If so, I expect better out of Dartmouth. Please don't let the U. of ARKANSAS correct you on this.