More than that...
Our military spending as a portion of GNP is higher than peacetime military spending in peacetime anytime before WW II.
Cheers,
Ben
"Career politicians are inherently untrustworthy; if it spends its life buzzing around the outhouse, it\ufffds probably a fly."
- [link|http://www.nationalinterest.org/issues/58/Mead.html|Walter Mead]