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Tuesday, November 25, 2008

Indefensible graphing

The graph here, which Andrew Sullivan obtusely titles "How the Pentagon Bankrupts America," actually tells the story of how the Pentagon's budget has stayed fairly stable, in constant dollars, even as the economy overall has expanded dramatically over decades. A graph here, showing defense spending as a percentage of gross domestic product, makes that clear. And here's a site where Sullivan can get some of the graph-reading skills he lacks.

1 comment:

George Musser said...

Now you've got me thinking how complex the question of whether military spending "bankrupts" America is. The issue is really what the cost/benefit ratio is. There is a public good aspect to it that's hard to price out, but you might get a partial answer by taxing the activities it benefits.
George