Abstract

The Arithmetic of Defense Spending
Tarshis, Lorie | March 28, 1959 issue

add to cart   close window

The article focuses on the effect of defense programs on the U.S. economy. More than sixty per cent of the U.S. federal budget is earmarked for missiles, hydrogen-bombs and other devices. The figure of $40 billion annually comprises the so-called direct defense expenditures which includes procurement of aircraft, missiles, military research and development and ships; expenditures for the Atomic Energy Commission; and military pay and allowances. The $60 million estimate includes pensions for veterans, foreign aid and interest on the federal debts, the bulk of which were contracted in the World War II.

See Also:

UNITED States -- Armed Forces -- Appropriations & expenditures; MILITARY readiness; U.S. Atomic Energy Commission; MILITARY pensions; FINANCE, Public; UNITED States
ARCHIVE HOME
Pricing
Articles are sold in 'packs,' which are priced as follows:

1 for 2.95
4 for 9.95
10 for 19.95
50 for 34.95
300 for 149.95
Refund Policy
Sales of archive individual articles, full issues or article packs are final and no refunds will be issued.
Access for libraries
help
Search
Browse
Sample Article

In Your Cart

Your cart is empty.

My Articles

You must be logged in to view your articles.

User name

Password

I don't have a login.

I forgot my user name/password.
Advertisement
Advertisement

Blogs

» The Beat

Reagan Would Fail "Purity Test" Proposed for GOP | RNC right-wingers say their ideological correctness standard for candidates is rooted in Reaganism. But the former president would flunk.
John Nichols
67 Comments
Posted at 1:19 PM ET

» The Dreyfuss Report

A Kingdom of Bicycles No Longer | China's ambassador for climate change speaks on the eve of the Copenhagen summit meeting.
Robert Dreyfuss
34 Comments

» Act Now!

Coal Country | "This is a civil war."
Peter Rothberg
83 Comments

» The Notion

A Blow to Privatization in Israel (and Perhaps Beyond) | A potentially historic ruling on prison privatization, in Israel.
Eyal Press
33 Comments

» Editor's Cut

Around the Nation | The week we went Rouge. Plus, Moyers on Afghanistan.
Katrina vanden Heuvel
110 Comments

» Altercation

Slacker Friday | The "Second Amendment" sale; the raving paranoids of the right.
Eric Alterman