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Source link: http://blog.mises.org/3685/mr-president-we-cannot-allow-a-mineshaft-gap/

Mr. President, we cannot allow a mineshaft gap!

June 7, 2005 by

Global Military Spending Tops $1T in 2004:

STOCKHOLM, Sweden — For the first time since the Cold War, global military spending exceeded $1 trillion in 2004, nearly half of it by the United States, a prominent European think tank said Tuesday.

As military operations in Iraq, Afghanistan and the war on terrorism continue, the world spent $1.035 trillion on defense during the year, corresponding to 2.6 percent of global gross domestic product, the Stockholm International Peace Research Institute said.

The War of the Worlds, a classic book from H.G. Wells has been remade (yet again) for a silver-screen debut on June 29th. The premise is that alien life forms from outerspace invade planet Earth with the desire for total domination, submission, etc. Call me foolhardy, but with these astronomical military budgets, I do not think humanity should fret annihilation from extraterrestrials… but rather from the State and its swaths of departments specializing in human disposal.

{ 2 comments }

David Heinrich June 7, 2005 at 11:14 pm

It’s really amazing, all of the money that’s wasted on the pointless military buildup.

Daniel Franke June 8, 2005 at 12:25 am

I think ET has more to fear from us than vice versa.

As long as we’re on the topic of government and aliens, I should note that I’ve always found laughable the idea that if we are contacted first, Earth will somehow organize to send back a single, organized response. As if every kid with a ham radio in his garage could or should be restrained from putting his two cents in.

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