3 ms·
US defence spending as share of GDP is in broad terms stable, and lower than the 50s and 60s, so the basis of saying the policy can't be maintained indefinately
by msabalau 10y ago
US defence spending as share of GDP is in broad terms stable, and lower than the 50s and 60s, so the basis of saying the policy can't be maintained indefinately is unclear.
Of course, US spending could have been even lower still if we avoided using false pretences to engage in a pointless war of choice in Iraq, which, of course, had nothing to do with commitments to Europe or Japan.
- avar 10y agoThe basis for citing US share of world GDP is that the US has military commitments against adversaries whose collective share of the world GDP pie is growing, and their militaries along with it.