The United States: Arms Dealer to the World

August 26, 2012 at 5:01 PM 2 comments

Get a load of this factoid:

(Image via CNN.com)

U.S. Foreign Arms Sales Reach $66.3 Billion in 2011

Weapons sales by the United States tripled in 2011 to a record high, driven by major arms sales to Persian Gulf allies concerned about Iran’s regional ambitions, according to a new study for Congress.

Overseas weapons sales by the United States totaled $66.3 billion last year, or nearly 78 percent of the global arms market valued at $85.3 billion in 2011. Russia was a distant second, with $4.8 billion in deals.

The American weapons sales total was an “extraordinary increase” over the $21.4 billion in deals for 2010, the study found, and was the largest single-year sales total in the history of United States arms exports. The previous high was in fiscal year 2009, when American weapons sales overseas totaled nearly $31 billion.

More…

So, I think we can assume the portion of the economy devoted to killing people is doing super well.

What a country.

 

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Entry filed under: Firearms, Wars. Tags: .

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2 Comments Add your own

  • [...] The United States: Arms Dealer to the World Rate this:Share this:Share on TumblrEmailDigg Pin ItPrintLike this:Like6 bloggers like this. [...]

  • 2. james keys  |  November 13, 2012 at 7:36 PM

    We are the people so why are we not taking the CONS out of Congress? Cause CONGRESS IS OPPOSITE of PROGRESS….

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