Global Defense Spending: How Much Do Countries Spend?

Posted on Dec 6, 2019
The skills I demoed here can be learned through taking Data Science with Machine Learning bootcamp with NYC Data Science Academy.

The Shiny App created for this project can be found at: https://prasharma.shinyapps.io/prasharma/

The Github code used for this project can be found here: https://github.com/psharma128/shinyapp

INTRODUCTION:

-In 2018, the whole world collectively spent almost $1.8 trillion US Dollars on defense expenditures.

-The United States, the world's top military spender, spent more than $670 billion dollars on its defense in 2018, which was more than one third of the total global military spending for the year.

-Global military spending in recent years has been at the highest levels since World War 2

OBJECTIVE:

-I wanted to see the correlation between defense spending hikes and drops between rival countries and also how the global military budget can be better utilized for the betterment of humanity.

FINDINGS:

-According to Reuters, just 10 percent of the annual global military budget can help eradicate extreme poverty and hunger considerably.

-According to www.straitstimes.com, one sixth of the global military budget for one year, $300 billion dollars, can go a long way in combating climate change by planting millions of trees worldwide which would help trap greenhouse gases and convert them into oxygen, buying the earth another 15-20 years to reduce the use of fossil fuels and adopt cleaner technologies.

-The American Society for Civil Engineers gave the United States a D+ for its infrastructure, which has not seen any major investments since the Second World War. According to Jacobin Magazine, if the United States cuts its military budget to about $513 billion a year for 10 years (still the highest in the world by a long shot), the country could save and invest $2 trillion dollars in infrastructure upgrades which would create thousands of jobs and create the infrastructure the United States needs for the 21st century.

-Also according to Jacobin Magazine, cutting the US defense budget by a little over 10 percent yearly from current levels can make all public colleges and universities in the United States tuition free for all US Citizens and permanent residents. A college degree today is what a high school diploma was a few decades ago in terms of competitiveness in the job market, therefore, there are calls to extend education assistance towards college degrees to the American public to better equip them to compete in the 21st century job market. A $70-80 billion dollar cut in the $670+ billion dollar defense budget can make tuition free college a reality.

CONCLUSION:

-In a world mired by poverty, homelessness, growing threat of climate change, the almost $2 trillion spent on defense globally can help make the world a much better place.  In the United States, cutting a fraction of the global military budget can help provide millions of young people access to higher education and also provide upgrades to an infrastructure that’s rated D+ and is in dire need of reform.

About Author

Leave a Comment

No comments found.

View Posts by Categories


Our Recent Popular Posts


View Posts by Tags

#python #trainwithnycdsa 2019 2020 Revenue 3-points agriculture air quality airbnb airline alcohol Alex Baransky algorithm alumni Alumni Interview Alumni Reviews Alumni Spotlight alumni story Alumnus ames dataset ames housing dataset apartment rent API Application artist aws bank loans beautiful soup Best Bootcamp Best Data Science 2019 Best Data Science Bootcamp Best Data Science Bootcamp 2020 Best Ranked Big Data Book Launch Book-Signing bootcamp Bootcamp Alumni Bootcamp Prep boston safety Bundles cake recipe California Cancer Research capstone car price Career Career Day citibike classic cars classpass clustering Coding Course Demo Course Report covid 19 credit credit card crime frequency crops D3.js data data analysis Data Analyst data analytics data for tripadvisor reviews data science Data Science Academy Data Science Bootcamp Data science jobs Data Science Reviews Data Scientist Data Scientist Jobs data visualization database Deep Learning Demo Day Discount disney dplyr drug data e-commerce economy employee employee burnout employer networking environment feature engineering Finance Financial Data Science fitness studio Flask flight delay gbm Get Hired ggplot2 googleVis H20 Hadoop hallmark holiday movie happiness healthcare frauds higgs boson Hiring hiring partner events Hiring Partners hotels housing housing data housing predictions housing price hy-vee Income Industry Experts Injuries Instructor Blog Instructor Interview insurance italki Job Job Placement Jobs Jon Krohn JP Morgan Chase Kaggle Kickstarter las vegas airport lasso regression Lead Data Scienctist Lead Data Scientist leaflet league linear regression Logistic Regression machine learning Maps market matplotlib Medical Research Meet the team meetup methal health miami beach movie music Napoli NBA netflix Networking neural network Neural networks New Courses NHL nlp NYC NYC Data Science nyc data science academy NYC Open Data nyc property NYCDSA NYCDSA Alumni Online Online Bootcamp Online Training Open Data painter pandas Part-time performance phoenix pollutants Portfolio Development precision measurement prediction Prework Programming public safety PwC python Python Data Analysis python machine learning python scrapy python web scraping python webscraping Python Workshop R R Data Analysis R language R Programming R Shiny r studio R Visualization R Workshop R-bloggers random forest Ranking recommendation recommendation system regression Remote remote data science bootcamp Scrapy scrapy visualization seaborn seafood type Selenium sentiment analysis sentiment classification Shiny Shiny Dashboard Spark Special Special Summer Sports statistics streaming Student Interview Student Showcase SVM Switchup Tableau teachers team team performance TensorFlow Testimonial tf-idf Top Data Science Bootcamp Top manufacturing companies Transfers tweets twitter videos visualization wallstreet wallstreetbets web scraping Weekend Course What to expect whiskey whiskeyadvocate wildfire word cloud word2vec XGBoost yelp youtube trending ZORI