U.S. Sets Another Record on Defense Sales

CAREY L. BIIRON – The United States is set to far surpass previous records for defense sales this year, according to U.S. officials. “Despite the global economic strain, demand for U.S. defense products and services is stronger than ever,” Andrew J. Shapiro, an assistant secretary in the U.S. State Department, said last week.

Global Military Spending

The Stockholm International Peace Research Institute, http://www.sipri.org/, (SIPRI) has issued its annual report on global military spending. Worldwide, governments spent a record $1.46 trillion on their armed forces in 2008. The United States accounted for 42 percent of the global arms spending. When will we realize that’s simply too much?