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Arguably it makes more sense for military budget to reference GDP since military capability is relative to that of one’s adversaries. If their capability has in
by rlpb 2y ago
Arguably it makes more sense for military budget to reference GDP since military capability is relative to that of one’s adversaries. If their capability has increased, then so must ours to achieve a net zero difference. And their capability is proportional to their spending ability with everything else kept equal.