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> 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
by 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.