18 June 2008

Britain #1 In Arms Exports

Digby Jones is proud that British arms exporters added £9.7 billion in new business last year, giving them a larger share of global arms exports than the United States. Another New Labour accommplishment.

As Mark Steel notes:

"While getting food to the hungry seems impossible, there has been a 37 per cent increase in global arms spending in the past 10 years, which raised last year's tally to $1,204bn. Those of you who don't understand economics might wonder why there can't be an agreement to only spend $1,203bn instead, then wander round Sainsbury's buying a billion dollars' worth of food and take it to people who are starving, especially as Sainsbury's currently have a special offer of a free box of Shredded Wheat if you spend a billion dollars or more."

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