Actually not, absolute spending is at an all time high: : https://ourworldindata.org/grapher/military-expenditure-total?tab=chart https://ourworldindata.org/gra

Actually not, absolute spending is at an all time high: : https://ourworldindata.org/grapher/military-expenditure-total?tab=chart https://ourworldindata.org/grapher/military-expenditure-tota... Probably because the equipment is more expensive these days and soldiers get better benefits.