Sunday, April 13, 2003

Some people questioned my assertion (always a good idea) that US defence spending is 1% of world gdp (both higher or lower) so I did a little chart . The pink line is using $ gdp, the blue one PPP gdp. If that means nothing to you then just choose one or the other. The 1950s and 1960s data involved quite a bit of extrapolating so I wouldn't base life or death decisions on them, but it's pretty accurate otherwise.