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Why is US defence spending still at Cold War levels despite the dissolution of the Soviet Union?

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Why is US defence spending still at Cold War levels despite the dissolution of the Soviet Union?
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  Critical Security Studies Presentation by OwaisRajput(Kashmiri born British Citizen Muslim) , Jana Farr (AmericanCitizen), SaghirIqbal(British Born Citizen Muslim Kashmiri) , MohamuodNasif(Saudi Citizen), BilbilKastrati(Kosovo Citizen),All MA International Politics & Security Studies Students in Peace Studies Department University of Bradford UK, 2007-2008.  Why is US defence spending still atCold War levels despite thedissolution of the Soviet Union? Critical Security Studies Presentation by OwaisRajput(Kashmiri born British Citizen Muslim) , Jana Farr (American Citizen), SaghirIqbal(British Born Citizen Muslim Kashmiri) , MohamuodNasif(Saudi Citizen), BilbilKastrati(Kosovo Citizen), AllMA International Politics & Security Studies Students in Peace Studies Department University of Bradford UK, 2007-2008.  US defence spendingUS defence spending US defence spending in 1991: $ 316.5 billion (www.cdi.org) US defence spending in 2007: $ 491 billion (SIPRI: 2007) Critical Security Studies Presentation by OwaisRajput(Kashmiri born British Citizen Muslim) , Jana Farr (American Citizen), SaghirIqbal(British Born Citizen Muslim Kashmiri) , MohamuodNasif(Saudi Citizen), BilbilKastrati(Kosovo Citizen), All MA International Politics &Security Studies Students in Peace Studies Department University of Bradford UK, 2007-2008.  US Military spending vs. The World in 2008US Military spending vs. The World in 2008 (billion $ and % of world total)(billion $ and % of world total) Source: Centre for Arms Control and NonSource: Centre for Arms Control and Non--ProliferationProliferation M. East / N. Africa$ 825%Russia$ 705%Latin America$ 393%Sub Sahara$ 101%Central / S. Asia$ 302%East Asia / Australia$ 1228%China$ 1228%Europe$ 20020%United States$ 71148% Critical Security Studies Presentation by OwaisRajput(Kashmiri born British Citizen Muslim) , Jana Farr (American Citizen), SaghirIqbal(British Born Citizen Muslim Kashmiri) , MohamuodNasif(Saudi Citizen), BilbilKastrati(Kosovo Citizen), AllMA International Politics & Security Studies Students in Peace Studies Department University of Bradford UK, 2007-2008.  What are the reasons? Critical Security Studies Presentation by OwaisRajput(Kashmiri born British Citizen Muslim) , Jana Farr (American Citizen), SaghirIqbal(British Born Citizen Muslim Kashmiri) , MohamuodNasif(SaudiCitizen), BilbilKastrati(Kosovo Citizen), All MA International Politics & Security Studies Students in Peace Studies Department University of Bradford UK, 2007-2008.
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