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Protection. Navy spending was greater than 10% of GDP in the 1950s and hit a low of 3.7% in 2000 before the 9/11 assault on the World Commerce Center. Since then, the figure has more than doubled in dollar phrases, after adjustment for inflation, and now accounts for greater than 5.5% of U.S. GDP. At $900 billion a year, protection is a large chunk of the Federal price range, and trimming it may lessen the necessity to raise taxes or reduce social programs. But any consequential cuts to the defense funds would require a broad consensus for a significantly paired down U.S. protection mission, and such consensus does not exist right now.
“What I was most struck by when I was there was coverage questions. What they have been doing and why they had been doing it a technique versus one other way of doing it,” Karlan mentioned. “There was little or no to examine what the affect of it was. There was no educational literature.”