[MAPC-discuss] What the Lockheed-Martin Contract is Worth (fwd)

[MAPC-discuss] What the Lockheed-Martin Contract is Worth (fwd)

born-digital

email

yes

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2001-11-03

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From: Theater of the Oppressed Laboratory [mailto:toplab@toplab.org]
Sent: Saturday, October 27, 2001 Subject: The Cost of Warfare: Some Useful
Figures

Headline: Lockheed-Martin wins $200bn fighter contract
(Financial Times, October 26, 2001)

The US Gross Domestic Product is $10,202.6 billion ($10,202,600,000,000 or
$10.202 trillion) (1). The cost of those fighters is almost 2% (1.96%) of
the entire US GDP.

It is 5 times the annual operating budget of New York City ($40.586
billion)(2).

The cost of those fighters is almost 10 times the GDP of Afghanistan ($21
billion) (3).It is almost equal to the entire GDP of Pakistan ($282
billion).

It is 3.5 times higher than the GDP of Iraq ($57 billion). The cost of those
fighters is more than one-fourth of the GDP of Canada ($774.7
billion). It equals almost one-fifth of the annual GDP of Brazil, Latin
America's largest economy ($1.13 trillion).

It exceeds one-fifth of the annual GDP of Mexico ($915 billion).

It exceeds the GDP of all the countries of Central America combined ($128
billion).

The cost of those fighters is more than 10% of the entire GDP of every
country of Africa combined
($1.921 trillion).


(1) US Bureau of Economic Analysis, September 28, 2001

(2) NYC budget for 2001; Analysis of the Mayor's Preliminary Budget for
2002:
New York City Independent Budget Office

(3) All foreign GDP figures from Central Intelligence Agency World Factbook
2001; figures for year 2000

Bill Koehnlein NY Transfer News




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Saturday, November 03, 2001 6:54 AM

[MAPC-discuss] What the Lockheed-Martin Contract is Worth (fwd)