12.03.2017 - 17:57 [ James Petras ]

The Rising Tide of Militarism in the 21st Century: From Clinton, Bush, Obama and Trump

Under ‘Bill’ Clinton, the war budget increased from $302 billion in 2000 to $313 billion in 2001. Under President George W. Bush (Jr.), military spending jumped from $357 billion in 2002 to $465 billion in 2004, to $621 billion in 2008. Under President Obama(the ‘Peace Candidate’), military spending soared from $669 billion in 2009 to $711 billion in 2011 and then apparently declined to $596 billion in 2017. Currently, the newly installed President Trump is asking for an increase to $650 billion for 2018.