Every year at this time we see the same kind of headlines: “U.S. biggest military spender in the world.” They’re are all based on the release of the global military spending database, an annual report compiled by the Stockholm International Peace Research Institute (SIPRI).
What the headlines usually miss is that U.S. defense spending is going down while global military spending is going up. The fact that the U.S. spends more on defense than any other individual nation dramatically misses the point.
First, we live in a world of growing threats against U.S. vital interests. China, Russia, Iran, and North Korea are …read more
Source: The Daily Signal
