Military spending up everywhere . . . except in the WestApril 16, 2014
The Stockholm International Peace Research Institute (SIPRI) has released its annual report on global military spending, and has found that spending has increased in every region of the globe – except the US and its European allies.
Power, like nature itself, abhors a vacuum. As the West declines, other powers rush to fill the gap. The EU, today, sees events in Ukraine as a wake up call and is set to increase defense budgets. The US, constrained by sequestration, is not – but doesn’t need to. The US only needs to spend wisely – of course, it takes a kind of seriousness and courage rarely seen in budgeters to hack through all the politically protected items in the Pentagon budget. We won’t get everything, but hopefully we can get enough.