ivgnnm's Journal

US Military spending

U.S. Defense Spending
FY 1945 – $83.0 billion (World War Two peak)
FY 1948 – $9.1 billion (bottom of postwar demobilization)
FY 1953 – $52.8 billion (Truman)
FY 1957 – $45.4 billion (Eisenhower)
FY 1961 – $49.6 billion (Eisenhower)
FY 1965 – $50.6 billion (Kennedy-Johnson)
FY 1969 – $82.5 billion (Johnson)
FY 1973 – $76.7 billion (Nixon)
FY 1977 – $97.2 billion (Nixon-Ford)
FY 1981 – $157.5 billion (Carter)
FY 1985 – $252.7 billion (Reagan)
FY 1989 – $303.6 billion (Reagan)
FY 1993 – $291.1 billion (Bush I)
FY 1997 – $270.5 billion (Clinton)
FY 2001 – $304.8 billion (Clinton)
FY 2005 – $496.3 billion (Bush II)
FY 2009 – $675.0 billion estimated (Bush II)
FY 2010 – $590.6 billion estimated (Obama’s first year)
FY 2013 – $572.1 billion forecast (Obama)

U.S. Defense Spending in inflation-adjusted 2000 dollars
FY 1945 – $797.0 billion (World War Two peak)
FY 1948 – $86.5 billion (postwar bottom)
FY 1953 – $416.1 billion (Truman)
FY 1957 – $303.5 billion (Eisenhower)
FY 1961 – $301.5 billion (Eisenhower)
FY 1965 – $291.8 billion (Kennedy-Johnson)
FY 1969 – $400.1 billion (Johnson)
FY 1973 – $278.6 billion (Nixon)
FY 1977 – $250.6 billion (Nixon-Ford)
FY 1981 – $282.2 billion (Carter)
FY 1985 – $356.5 billion (Reagan)
FY 1989 – $398.9 billion (Reagan)
FY 1993 – $340.3 billion (Bush I)
FY 1997 – $288.4 billion (Clinton)
FY 2001 – $297.8 billion (Clinton)
FY 2005 – $433.7 billion (Bush II)
FY 2009 – $532.7 billion estimated (Bush II)
FY 2010 – $456.8 billion estimated (Obama’s first year)
FY 2013 – $395.2 billion forecast (Obama)

U.S. Defense Spending as a Percentage of the Federal Budget
FY 1945 – 89.5 percent (World War Two peak)
FY 1948 – 30.6 percent (postwar bottom)
FY 1953 – 69.4 percent (Truman)
FY 1957 – 59.3 percent (Eisenhower)
FY 1961 – 50.8 percent (Eisenhower)
FY 1965 – 42.8 percent (Kennedy-Johnson)
FY 1969 – 44.9 percent (Johnson)
FY 1973 – 31.2 percent (Nixon)
FY 1977 – 23.8 percent (Nixon-Ford)
FY 1981 – 23.2 percent (Carter)
FY 1985 – 26.7 percent (Reagan)
FY 1989 – 26.5 percent (Reagan)
FY 1993 – 20.7 percent (Bush I)
FY 1997 – 16.9 percent (Clinton)
FY 2001 – 16.4 percent (Clinton)
FY 2005 – 20.0 percent (Bush II)
FY 2009 – 21.7 percent estimated (Bush II)
FY 2010 – 19.1 percent (Obama’s first year)
FY 2013 – 16.8 percent forecast (Obama)

U.S. Defense Spending as a Percentage of Gross Domestic Product
FY 1945 = 37.5 percent (World War Two peak)
FY 1948 – 3.6 percent (postwar bottom)
FY 1953 – 14.2 percent (Truman)
FY 1957 – 10.1 percent (Eisenhower)
FY 1961 – 9.3 percent (Eisenhower)
FY 1965 – 7.4 percent (Kennedy-Johnson)
FY 1969 – 8.7 percent (Johnson)
FY 1973 – 5.9 percent (Nixon)
FY 1977 – 4.9 percent (Nixon-Ford)
FY 1981 – 5.2 percent (Carter)
FY 1985 – 6.1 percent (Reagan)
FY 1989 – 5.6 percent (Reagan)
FY 1993 – 4.4 percent (Bush I)
FY 1997 – 3.3 percent (Clinton)
FY 2001 – 3.0 percent (Clinton)
FY 2005 – 4.1 percent (Bush II)
FY 2009 – 4.5 percent estimated (Bush II)
FY 2010 – 3.7 percent estimated (Obama’s first year)
FY 2013 – 3.1 percent forecast (Obama)
http://philebersole.wordpress.com/2010/11/18/military-spending-and-eisenhowers-warning/