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Friday, October 7, 2016

US Military Spending Has Declined, But It Still Dwarfs All Other Nations’

US Military Spending Has Declined, But It Still Dwarfs All Other Nations’

It’s easy to see why a steady decline of military spending might alarm many Americans. But a bit of perspective is in order.
During the US vice presidential debate, Indiana governor Mike Pence, Donald Trump’s running mate, complained about the size of the military:
We have the smallest Navy since 1916. We have the lowest number of troops since the end of the Second World War. We’ve got to work with the Congress and Donald Trump will to rebuild our military and project American strength to the world.
A few weeks ago the Stockholm International Peace Research Institute released its annual yearbook, which assesses the current state of armaments, disarmament, and international security in the world. One point of focus is world military expenditure. http://www.defenseone.com/ideas/2016/10/us-military-spending-has-declined-it-still-dwarfs-all-other-nations/132118/?oref=defenseone_today_nl

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