I knew we'd see the claim we can't afford it! But,,,,,,
The Military Industrial Complex just keeps on humming.
Monies spent on Military spending (2009) and percentage of GDP.
1 United States 663,255,000,000 4.3%
2 China 98,800,000,000 2.0%
3 United Kingdom 69,271,000,000 2.5%
4 France 67,316,000,000 2.3%
5 Russian Federation 61,000,000,000 3.5%
6 Germany 48,022,000,000 1.3%
7 Japan 46,859,000,000 0.9%
8 Saudi Arabia 39,257,000,000 8.2%
The US already spends more than the rest of the World combined.
And then people complain that we don't have the funds to make America a better country, ala infrastructure, education and quality of life.
Find me an economist who doesn't agree having a solid and competitive infrastructure is good for the US economy.
I understand the apprehension of the government running a high speed rail, but there has been an increase of the private sector working with the government regarding the US infrastructure.