Wednesday, October 31, 2012

Scary defense spending trend

US defense spending doubled between 2001 and 2010 as shown in this chart.  It looks like an exponential trend.

Here's the same data with an exponential trendline fitted:

It looks like a good fit.  The data can be found here.

1 comment:

Stagflationary Mark said...

It's not as scary if you adjust for inflation and population growth. Further, the most recent trend appears to be heading back down again.

Real National Defense Consumption Expenditures & Gross Investment per Capita (September 2012 Dollars)

Just a thought.