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Old 04-29-2013, 01:20 PM
 
Location: Dallas
31,292 posts, read 20,749,540 times
Reputation: 9325

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The US spends between 1.0 and 1.4 trillion dollars per year for defense and military. That's close to HALF of our tax revenue. Meanwhile, Europe spends a small fraction of this amount since they can rely on our huge military bases overseas.

Isn't it time the rich European states pay their fair share? Isn't it time to convert our overseas bases into profit centers? or just close them?

This is a good article but understates the spending since it only includes the Dept of Defense budget.

Your Tax Dollars at Work: Subsidizing the Security of Wealthy Allies | Cato @ Liberty
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Old 04-29-2013, 01:23 PM
 
11,768 posts, read 10,266,597 times
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Yes, I've been saying this for some time. We spend on the military and they spend on education. Small correction though, the military budget was less than a trillion dollars last year.
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Old 04-29-2013, 01:36 PM
 
Location: Dallas
31,292 posts, read 20,749,540 times
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Quote:
Originally Posted by lycos679 View Post
Yes, I've been saying this for some time. We spend on the military and they spend on education. Small correction though, the military budget was less than a trillion dollars last year.
Notice I didn't say "military budget". There are a few hundred billion dollars being spent outside of the military budget that should be classified as defense.

This site has an interesting summary of all defense related spending.

Military budget of the United States - Wikipedia, the free encyclopedia
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Old 04-29-2013, 01:39 PM
 
5,719 posts, read 6,449,725 times
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With the end of the Cold War and Mutually Assured Destruction there is no longer a need for any U.S. presence on the continent.
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Old 04-29-2013, 01:41 PM
 
Location: Florida
76,971 posts, read 47,651,295 times
Reputation: 14806
Quote:
Originally Posted by Roadking2003 View Post
The US spends between 1.0 and 1.4 trillion dollars per year for defense and military. That's close to HALF of our tax revenue. Meanwhile, Europe spends a small fraction of this amount since they can rely on our huge military bases overseas.

Isn't it time the rich European states pay their fair share? Isn't it time to convert our overseas bases into profit centers? or just close them?

This is a good article but understates the spending since it only includes the Dept of Defense budget.

Your Tax Dollars at Work: Subsidizing the Security of Wealthy Allies | Cato @ Liberty
It is not for us to tell others how much other countries should spend, but it is for us to decide to spend less on defence of Europe. I think we should reduce it drastically.
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Old 04-29-2013, 01:43 PM
 
14,247 posts, read 17,927,270 times
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The US maintains these bases because it suits our interests. I don't think most Europeans would care if we closed them.
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Old 04-29-2013, 01:44 PM
 
Location: Florida
76,971 posts, read 47,651,295 times
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Originally Posted by Jaggy001 View Post
The US maintains these bases because it suits our interests. I don't think most Europeans would care if we closed them.
No, they don't care. We are the only ones who care, and it is costing us too much.
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Old 04-29-2013, 01:45 PM
 
16,545 posts, read 13,457,656 times
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Quote:
Originally Posted by Jaggy001 View Post
The US maintains these bases because it suits our interests. I don't think most Europeans would care if we closed them.
Until they need protection.
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Old 04-29-2013, 01:52 PM
 
14,247 posts, read 17,927,270 times
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Quote:
Originally Posted by SourD View Post
Until they need protection.
From who
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Old 04-29-2013, 01:56 PM
 
5,758 posts, read 11,639,313 times
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Sure, you could try to reduce the US military footprint in Europe or anywhere else overseas, but be prepared for a wall of bipartisan opposition from lawmakers.
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