by Ted Rudow III,MA ( Tedr77 [at] aol.com )
Saturday Aug 18th, 2007
Global military spending rose 3.5 percent last year to $1.2 trillion as U.S. costs for operations in Iraq and Afghanistan mounted, a European research body said in its annual study. The United States spent $529 billion, nearly what the rest of the world combined spent, on military operations in 2006, the Stockholm International Peace Research Institute said in its latest yearbook.
The $1.2 trillion sum is ten times the annual net development aid paid out by all rich countries. Imagine how much better off the world would be if all this money had gone to food and clean water and shelter and necessities, rather than the waste of war and its weaponry! Wars of the future may be fought just to run the machines that fight them.
Ted Rudow III,MA