One glance at the infographic below (scroll down) comparing the military spending of the USA and all our NATO allies with the other World's top military spenders suggests that, either the United States is a nation of warmongering, violent, gun loving militarists or.... the American taxpayers are robbed in a daylight by military industrial complex.
Ahead of this week's NATO summit in Brussels, U.S. President Donald Trump launched a Twitter broadside against members of the alliance, calling on them to boost their defense spending. Trump tweeted that "the United States is spending far more on NATO than any other country. This is not fair, nor is it acceptable."
The following infographic (originally published by Forbes, and updated by Being Liberal) provides a breakdown of military spending across the alliance, with only five of them meeting the 2 percent goal: Estonia, Greece, Poland, the United Kingdom and the United States. U.S. defense expenditure in 2017 came to just under 686 billion, equating to 3.6 percent of GDP. By comparison, Germany spent around 45 billion on its armed forces last year, 1.2 percent of GDP. Trump's tweets are almost certain to exacerbate the rift between the U.S. and its key allies, with ties already strained due the president's trade policies. Last month, NATO announced that 15 of its members are on track to meet the 2 percent guideline while military spending across the alliance is expected to rise by 3.8 percent in 2018.
A fact you may not know, is that 5 World's nations account for 60 percent of ALL Military spending on the planet according to a newly released study. In May 2018, the Stockholm International Peace Research Institute (SIPRI) released its annual report on worldwide defense spending. Unsurprisingly, the United States led the way again with military expenditures of $610 billion, accounting for 35 percent of the worldwide total. China followed with $228 billion in estimated defense spending, or roughly 13 percent of global expenditures. They were followed by Saudi Arabia ($69.4 billion), Russia ($66.3 billion) and India ($63.4 billion). These five nations collectively spent just under 60 percent of the $1.74 trillion spent on the military around the world in 2017. Together, the top fifteen nations by defense spending—which were the same countries from last year—accounted for 80 percent of global defense spending.
The worldwide military spending total of $1.74 trillion represented a 1.1 percent increase in real terms from 2016. This marked a change from 2012–2016, when global defense spending had remained relatively constant, according to SIPRI. Before then, worldwide defense spending had steadily increased from 1999–2011. The military expenditures last year were equal to 2.2 percent of global GDP, or $230 per person worldwide.
If US military has to spend so much more money to offset the threats from two potential adversaries - China and Russia, it means that we all overpay a lot to keep US military prepared to defend the country.
Defense Expenditures Of NATO Members Visualized - published by Forbes
5 Nations Account for 60 Percent of All Military Spending on the Planet - published by The National Interest
RELATED: On January 17, 1961, in this farewell address, President Dwight Eisenhower warned against the establishment of a "military-industrial complex."