Today, the US spends less on defense as a percentage of our economy than we did at any time since he Japanese attack on Pearl Harbor. For the world's only superpower, that is an invitation to very serious trouble.
Sentiment: NEGATIVE
I think cutting our defense capacity not only demonstrably diminishes our national security, but it has a tremendous negative impact in the long run on our economy because we end up having to fight wars and clean up after terrorist disasters.
Ten years ago U.S. defence investment represented almost half of all defence expenditure in the whole alliance. Today it is 75%. This increasing economic gap may also lead to an increasing technology gap which will almost hamper the inter-operability between our forces.
We are actually a very rich country with a lot of resources and the ability to do almost whatever we want. We could eliminate poverty in America by spending a fraction of what we spend on defense.
Historically, defense spending cuts have preceded increased international turmoil as America's global enemies sense a failure of will.
The United States has far more to offer the world than our bombs and missiles and our military technology.
Defense spending as a share of the economy dropped significantly during the early 1990s, and that was one of the things, along with other policy changes, that put us back on the path to a balanced budget.
We cannot allow anything that's called 'national defense' to justify any and all spending. We need to be very, very careful that we don't overspend and say, 'Oh, that's defense,' when perhaps it isn't.
We're in greater danger today than we were the day after Pearl Harbor. Our military is absolutely incapable of defending this country.
We are spending more as a percentage of our entire economy, almost 25 percent, than we have spent at any time since the end of World War II.
The reality is, the United States has global interests. Our defense budget is about the same as the defense budgets or military budgets of every other country in the world put together.