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A performance review!?


               
2012 Nov 8, 3:38am   596 views  2 comments

by ttsmyf   follow (0)  

Started reading Patrick's Politics, and this came to mind. What is a nation's cost of defense against its residents' criminality? This would include locks on doors, bars on windows, police forces, prisons, etc. Separately would be recovery costs from criminality done to person or property.
I suppose much variability among countries, and parts thereof (expressed as GDP fraction, maybe).
A good performance review!

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1   Patrick   2012 Nov 8, 3:57am  

Very interesting question! Are the costs of defense against external enemies greater or less than the costs of defense against crime?

http://www.upi.com/Top_News/US/2012/01/30/Hidden-costs-of-US-prisons-in-billions/UPI-84191327900935/

2   Bellingham Bill   2012 Nov 8, 4:15am  

http://www.usgovernmentspending.com

is a good go-to site I guess.

http://www.usgovernmentspending.com/year2013_US.html

shows ~$850B for DOD expense.

Police is at $130B, Courts at $70B, Prisons $80B, $15B other, for ~$300B in total.

This doesn't count the deferred pension expenses for all these gov't employees, LOL, but there again I think the DOD will outweigh them.

Man how I wish I had spent the last 25 years working up from E-1 to E-7 or whatever in the military. I'd be totally retired now :) Military pensions aren't that cushy, but 50% of base pay is nothing to sneeze at, over $2000/mo for the rest of your life, inflation-protected.

That's the dividends on $1.2M worth of Apple stock at current pricing.

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