Friday, March 25, 2016

NATO's Defense Expenditures


For 2015, NATO's defense expenditures amounted to $900,473,000,000.  Our part of the $900+ billion was $649,931,000,000, or 72% of NATO"s defense expenditures.  In regard to the percentage of our GDP, that mounts to 3.62%.  I don't know about you, but I definitely believe that 27 member NATO countries should take on a greater percentage of the financial burden. (Currently, there are 28 members of NATO, including the United States.)  I am not saying that the United States should get out of NATO. Simply saying, that it is about time that 27 countries need to take on a greater financial responsibility for their own defense. Let's cut our financial support in half.  Our domestic economy could use $325 billion on its home front to defend our borders.

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