The US locomotive of world military spending, by Manlio Dinucci


09-05-19 02:14:00,

Every month of last year, according to the Stockholm International Peace Research Institute (SIPRI), the federal government of the United States spent $250 per citizen.

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World military expenditure – according to the estimations by SIPRI, on 29 April [1] – exceeded 1,800 billion dollars in 2018, with a real-term increase of 76 % as compared with 1998. According to this estimation, the world spends approximately 3,5 million dollars every minute on weapons and armies.

In first place we find the United States, with an expenditure of 649 billion dollars in 2018. This figure represents the budget of the Pentagon, including its war operations overseas, but it does not represent the entire military spending of the United States. We have to add other posts of a military nature. The United States Department of Veterans Affairs (or VA), which handles retired military personnel, had a budget of 180 billion dollars in 2018.

The Intelligence Community, composed of 17 agencies (the most widely known of which is the CIA), declares a budget of 81.5 billion dollars, which, however, is only the tip of the iceberg of its real expenditure for secret missions.

The Department of National Security spent 70 billion dollars in 2018, above all to « protect our financial infrastructure and our most important leaders with our secret services ».

The Department of Energy spent 14 billion dollars, which corresponds to half of its budget, for the maintenance and modernisation of the US nuclear arsenal.

Taking into account these posts and a few others, United States military spending rose, in 2018, to approximately 1,000 billion dollars. In annual spending pro capite, that is the equivalent of 3,000 (three thousand) dollars per citizen of the United States. Military spending is the main cause of the federal deficit, which has climbed to 1,000 billion, and is increasing rapidly. Together with other factors, it is swelling the US public debt, which has climbed in 2019 to more than 22,000 billions of dollars, with annual interests of 390 billion which will double in 2025.

The system stands on the hegemony of the dollar, whose value is determined not by the real economic capacity of the United States, but by the fact that it is the main money of the currency reserves and the international costs of prime materials.

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