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In reply to the discussion: Senate's No. 2 Democrat calls for cuts to social safety net [View all]If you adjust the defense budget that Eisenhower had for inflation during the last year he was president, it would be about $400 billion a year. That was to maintain a military strong enough to, by their estimates, defeat the Soviets. In 2011 we spent over $700 billion on defense and we no longer face an enemy that is nearly as strong as the Soviets were at that time. So why are we spending so much money on defense? I really don't get it. Let's lop off an easy $100 billion and still have the most expensive military the world has ever seen. Hell, trim us down to $400 billion and we'll still be on top by a long shot.
After us, the next largest spender is China - and they spent $143 billion on their military.
http://en.wikipedia.org/wiki/List_of_countries_by_military_expenditures