About JessicaT

JessicaT

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04/17/07

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  Business & Money

  response to  Max Joseph, Erin Bosworth, Tom Van Buskirk, and Ariel Schulman's post Missiles and Mortgages

  BAD imformation

  The numbers used in this movie are very inaccurate. For example, military spending is actually only about 3.2 to 3.3% of GDP (the only meaningful way to represent this information), depending on where you look. Many organizations report this number, but the main source most go to is the CIA fact book (Google it).

  It's also misleading to report the 3.6 number for education too, because most education funding comes from the states in the US. It's not a federal obligation. There are good reasons for this but that topic is perhaps too large for this venue.

  Comments (1)

  Commented on April 17, 2007 by - JessicaT

• Bad information

  Authored by rocketman - 1 vote

• A few problems with these numbers

  Authored by spakbot - 2 votes

• not yet rated

  Business & Money

  response to  ricketson's post Where did these numbers come from

  Misleading numbers make for GOOD propaganda.

  This film is almost NYTimes-esk in terms of how misleading it is. According to the 2003 edition of the CIA Fact book, the US spends about 3.2% of it's GDP on the military. That slightly higher than France (~2.3%) and much lower than Saudi Arabia (~10%).

  Furthermore, it's important to note that in the US, education spending comes from the State, not the Fed.

  Comments (0)

  Commented on April 17, 2007 by - JessicaT