Military Balance 2012

March 21, 2012 2:30pm by Barry Ritholtz

For those people who are truly concerned about deficits — real Hawks, not deficit peacocks — should take a look at this chart from The International Institute for Strategic Studies.

Look at the comparative defense budgets of various countries, versus what can only be described as the unique military budget of the USA; if you are serious about balancing federal debt, any plan should include significantly reduced spending in this budget line:

Click to enlarge:

Source: The International Institute for Strategic Studies

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