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We can raise taxes all day but someone needs to rein in the war pimps or they will just keep going up
by alexfromapex 3y ago
We can raise taxes all day but someone needs to rein in the war pimps or they will just keep going up
- Racing0461 3y agoYeah not really. We spend the average amount of gdp on defense as other countries. The issue is that other countries aren't paying for the protection they get from the us military. I believe canada's defense budget is 35B.
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- alexfromapex 3y agoUsing GDP in the denominator doesn’t really make sense. If you just look at per capita, the US is absurdly high: https://ourworldindata.org/grapher/military-spending-per-capita?tab=chart https://ourworldindata.org/grapher/military-spending-per-cap... https://www.pgpf.org/blog/2023/04/the-united-states-spends-more-on-defense-than-the-next-10-countries-combined https://www.pgpf.org/blog/2023/04/the-united-states-spends-m...
- Racing0461 3y ago> THE UNITED STATES SPENDS MORE ON DEFENSE THAN THE NEXT 10 COUNTRIES COMBINED because the us economy is greater than the next 10 countries combined. > Using GDP in the denominator doesn’t really make sense Why not when this is exactly the requirement nato has for its allaince (2% target). Agreed on the per capita basis tho. We spend more per capita relative to european/scandanavia on alot of things (per student in school, yearly healthcare costs per person etc) but get "worse" outcomes in a capatalist market than they get in a "democratic socialist" market.
- alexfromapex 3y ago> because the us economy is greater than the next 10 countries combined It’s actually not. It’s ~1.4x the size of China’s and ~4x the size of Japan’s and Germany’s as of 2022. Considering the next 10 countries combined it’s nowhere close.
- jfengel 3y ago> because the us economy is greater than the next 10 countries combined. Not according to the world bank: 1 United States $25.5 trillion 2 China $18.00 trillion 3 Japan $4.2 trillion 4 Germany $4.1 trillion Total of 2-4: $26.3 trillion https://datahelpdesk.worldbank.org/knowledgebase/articles/906522-data-updates-and-errata https://datahelpdesk.worldbank.org/knowledgebase/articles/90... The total of the top 10 is about $40 trillion, about 50% more than the US.