One picture worth a thousand words is a graph on the U.S. Department of Defense website showing U.S. annual Defense spending as a percentage of GDP, going back to 1953.
Two things jump out.
First, the lowest over the 70-year period was in 1999, at the end of the Clinton administration, when it stood at 2.7 percent. This is a little more than half the previous low, which stood at 4.5 percent 20 years earlier, in 1979.
A little over year after this historic low point in defense spending, our nation experienced the worst attack on its homeland in its history on Sept. 11, 2001.
The second thing I notice is that the forecast for 2024 shows that Defense spending as a percentage of GDP will be 2.7 percent, matching the 1999 low point.
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Freedom Is Not Free
- by: Star Parker
- 2024-01-31
- Source:
The Epoch Times
- 01/31/2024
The scale may not be apparent, but this US flag is enormous, at least 60 feet long. by Ben Mater is licensed under Unsplash unsplash.com
