Numbers askew in guest column

Posted11/9/2012 5:00 AM

In response to the Oct. 30 guest column by Danette Hayes, "Returning troops' needs often forgotten," I would not dispute the intent of the article. However, the statistics cited seem to be awry. It was noted that the defense budget is "2 percent of GDP." Forbes in its July 25 edition offered that defense is currently 3.6 percent of GDP.

The writer also noted that "it will take two decades for Medicare and Social Security to reach 2 percent of GDP." However, indicates that currently OASI, HI and SMI already are 8.73 percent of GDP. It is a far stretch to say that something already at 8.73 percent of GDP will "reach 2 percent of GDP in two decades."

Fred Spohr

Arlington Heights

Article Comments ()
Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked. If a comment violates these standards or our terms of service, click the X in the upper right corner of the comment box. To find our more, read our FAQ.