Last year, we spent more on our military than at any point since World War II, even after adjusting for inflation. But according to House Republicans, it isn’t enough.
Instead of cutting defense spending after our withdrawal from Iraq and pending wind-down from Afghanistan, they want to increase it. As U.S. Rep. Randy Forbes, R-Va., a member of the House Armed Services Committee, told CNN, “we’re moving dangerously close to the point where I don’t think we’ll be able to guarantee the security of the United States of America.”
That is also the position of GOP presidential nominee Mitt Romney. Instead of drawing down the number of active-duty personnel after the buildup to handle deployments in Iraq and Afghanistan, Romney proposes to increase active-duty troop levels by 100,000.
Romney also wants to spend a minimum of 4 percent of our gross domestic product on defense each year. In 2016 alone, that would mean an 18 percent increase — roughly another $100 billion a year — in projected spending on defense.
Again, this is what it looks like to be “dangerously close to the point where we won’t be able to guarantee the security of the United States of America”.
As the chart demonstrates, we spend 1.5 times as much on defense as the next nine biggest countries combined, and five of those nine are close U.S. allies who would be on our side in any fight.
– Jay Bookman