View Single Post
  #282  
Old November 13th 07, 02:55 PM posted to rec.aviation.piloting
Jay Honeck
external usenet poster
 
Posts: 3,573
Default $98 per barrel oil

Interesting. According to figure 3 the US started at 6% of GDP in 1980
and is down to 3.5 in 2002. West Germany started at 5.5 in 1984 and is
at about 3 in 2002. Approx 0.5 difference throughout.


Two things:

1. .5% of US GDP is a huge number. Now mulitiply that for 60 years.
I believe we've just paid for your welfare state.

2. West Germany was the "tip of the spear" in the Cold War. Despite
this exalted position, they STILL spent less than the US (as a
percentage) in their own defense.

Now go back and research the numbers on the rest of Europe.
--
Jay Honeck
Iowa City, IA
Pathfinder N56993
www.AlexisParkInn.com
"Your Aviation Destination"