America Now Spends 20% Of Annual Revenues On Defense Budget: Charting 60 Years Of Defense Spending, And Why The Mean Reversion Will Cost Millions Of Jobs

- Charting 60 Years Of Defense Spending, And Why The Mean Reversion Will Cost Millions Of Jobs (ZeroHedge, July 18, 2011): Moody’s is out with a comprehensive chart of defense spending since 1946 which shows that while over the years the average yearly amount spent on defense by the US government has been around $400 [...] continue reading the breaking news