The US is often referred to as the world’s policeman. It comes with a high cost in people’s lives and money. For the past three years, according to the CIA’s World Factbook, the US has used 4.35% or more of its GDP(Gross Domestic Product) value on the military. This added up to USD$610 billion in 2014, more than any other country.
Supplying other countries with arms, ammunition and the latest in planes, drone, robots, etc., is big business. The multi-billion dollar trade has the US leading in sales, followed by Russia. Of the top ten companies supplying military gear, six are based in the US. Hundreds of thousands of people are employed by what has been called the industrial/military complex.
Some peaceniks have even been so bold as to opine that the business of war is too profitable to abandon.
Defense Industry Daily
Peter C. Peterson Foundation
SIPRI Military Expenditure Database
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