Friday, February 12, 2010

President Obama�has proposed�the largest defense budget since World War II. - By Fred Kaplan - Slate Magazine

President Obama�has proposed�the largest defense budget since World War II. - By Fred Kaplan - Slate Magazine: "Still, $708.2 billion, the sum requested just for fiscal year 2011, is an extraordinary chunk of change. The Center for a New American Security (hardly a dovish think tank) calculates that, adjusting for inflation, this sum is 13 percent higher than the defense budget at the peak of the Korean War, 33 percent higher than at the peak of the Vietnam War, 23 percent higher than at the peak of the Cold War, and 64 percent higher than the Cold War's average."