Here's a more accuraate accounting of what is spent on the MIC:
http://en.wikipedia.org/wiki/Military_budget_of_the_United_StatesFor the 2010 fiscal year, the president's base budget of the Department of Defense rose to $533.8 billion. Adding spending on "overseas contingency operations" brings the sum to $663.8 billion.<1><2>
When the budget was signed into law on October 28, 2009 the final size of the Department of Defense's budget was $680 billion, $16 billion more than Obama had requested. <3><4> Adm. Mike Mullen, the chairman of the Joint Chiefs of Staff expected an additional supplemental spending bill, possibly in the range of $40–50 billion, by the Spring of 2010 in order to support the wars in Iraq and Afghanistan. <5>Defense-related expenditures outside of the Department of Defense constitute between $216 billion and $361 billion in additional spending, bringing the total for defense spending to between $880 billion and $1.03 trillion in fiscal year 2010.
Emergency and supplemental spending
The recent invasions of Iraq and Afghanistan were largely funded through supplementary spending bills outside the Federal Budget, so they are not included in the military budget figures listed below.<7> In addition, the Pentagon has access to black budget military spending for special programs which is not listed as Federal spending and is not included in published military spending figures. Starting in the fiscal year 2010 budget however, the wars in Iraq and Afghanistan are categorized as "Overseas Contingency Operations" and included in the budget.
By the end of 2008, the U.S. had spent approximately $900 billion in direct costs on the Iraq and Afghanistan Wars. Indirect costs such as interest on the additional debt and incremental costs of caring for the more than 33,000 wounded borne by the Veterans Administration are additional. Some experts estimate these indirect costs will eventually exceed the direct costs.
We spend more on our military budget than the rest of the world combined:
The 2009 U.S. military budget is almost as much as the rest of the world's defense spending combined and is over nine times larger than the military budget of China (compared at the nominal US dollar / Renminbi rate, not the PPP rate). The United States and its close allies are responsible for two-thirds to three-quarters of the world's military spending (of which, in turn, the U.S. is responsible for the majority)<26>
Think about that:
.... the Pentagon has access to black budget military spending for special programs which is not listed as Federal spending and is not included in published military spending figures.No oversight, we don't even know what is in that 'black budget'.
And much of that money is wasted by corruption, over-charging by defense contractors, bribing bad guys, as in Iraq eg to 'get them on our side'.
Very little of it goes to the troops compared to what is spent on contractors and mercenaries.
Trillions are missing also from the Pentagon budget and no one seems to know how much or where it went, or more correctly, a lot of people don't want it investigaste so that we can find out where it went:
http://www.cbsnews.com/stories/2002/01/29/eveningnews/main325985.shtml$2.3 trillion — that's $8,000 for every man, woman and child in America. To understand how the Pentagon can lose track of trillions, consider the case of one military accountant who tried to find out what happened to a mere $300 million.
"We know it's gone. But we don't know what they spent it on," said Jim Minnery, Defense Finance and Accounting Service.
Minnery, a former Marine turned whistle-blower, is risking his job by speaking out for the first time about the millions he noticed were missing from one defense agency's balance sheets. Minnery tried to follow the money trail, even crisscrossing the country looking for records.
"The director looked at me and said 'Why do you care about this stuff?' It took me aback, you know? My supervisor asking me why I care about doing a good job," said Minnery.
He was reassigned and says officials then covered up the problem by just writing it off.
The exact amount of money being wasted on the wars and on weapons is probably never going to be known, but even if the waste were dealt with, we would have more to spend on a decent healthcare system.
Other countries have priorities, the most important of which is the health of their own citizens. That is why they can afford to take care of them, while the richest country in the world says 'No, we can't! Sorry, no one really believes that. Just saving the waste from the military budget and cutting out the middle guys' 30% for profit, would be a start.