Obama: Everybody's Got to Chip In
Economic struggles and budget shortfalls have had many European member nations of NATO cutting back military spending, something US officials have been railed about for years. Russia has given them an excuse for another pushback on those cuts.
European Union nations spend an average of 1.7% of their GDPs annually on military, and in the Obama Administration’s mind, that’s not nearly enough money being thrown into the sinkhole of militarism.
“Everybody’s got to chip in,” insisted President Obama, going on to insist that “freedom isn’t free” and the loss of Crimea necessitates a much larger military buildup across Europe to “confront Russia.”
As a practical matter, NATO as a whole spent over 10 times what Russia does on its military, $990 billion versus $90 billion. The US accounts for over two-thirds of that.
The reality is that many NATO member nations, particularly those in the Mediterranean, simply can’t afford the dramatic increases President Obama wants, and have credit ratings that don’t allow them to deficit finance runaway military spending.
And while the US couches this as a “counter” to Russia, there is similarly no reason to think a 10 to 1 or 11 to 1 ratio of NATO to Russia spending isn’t sufficient for “defensive” purposes. The unspoken assumption here is that the US, by far the world’s largest exporter of weapons systems, would see considerable benefit from increased spending by nations like Spain and the Netherlands.
Last 5 posts by Jason Ditz
- Scottish Minister Reports Informal Talks on Staying in EU - June 27th, 2016
- UK Cabinet Minister: Second Brexit Vote Possible if EU Offers Better Deal - June 27th, 2016
- UK Labour Party Rebels, Corbyn Faces No-Confidence Vote - June 27th, 2016
- Iraqi Shi'ite Militias Reported Fighting Inside Fallujah - June 27th, 2016
- Eight Suicide Bombers Attack Lebanese Christian Village - June 27th, 2016