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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.
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.
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.
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.
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.
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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