The Fluctuating Trends in U.S. Defense Spending from the Korean War to the Wars in Afghanistan and Iraq

The Fluctuating Trends in U.S. Defense Spending from the Korean War to the Wars in Afghanistan and Iraq

The Korean War led to a surge in U.S. defense spending, which accounted for about 70% of total public spending in The Vietnam War caused another increase, with defense spending reaching 46% of total spending by the late 1960s. Post-Vietnam, defense spending declined as focus shifted to social welfare programs, education, and training, but increased again during the Vietnam and Gulf Wars, reaching 20% of total public spending by 2011.

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