Three days ago, I got a story in my New York Times email feed on A Turning Point in Military Spending. The article celebrated the greater willingness of NATO members as well as countries like Japan to spend more on military weaponry, which, according to the liberal NYT, will help to preserve democracy. Interestingly, even as NATO members have started to spend more, the Pentagon is still demanding yet higher budgets, abetted by Congress. I thought if NATO spent more, the USA could finally spend less? No matter. Russias invasion of Ukraine, as well as the hyping of what used to be called the Yellow Peril, today read China, is ensuring record military spending in the USA as yearly Pentagon budgets approach $900 billion. That figure does not include the roughly $120 billion or more in aid already provided to Ukraine in its war with Russia. And since the Biden administrations commitment to Ukraine remains open- ended, you can add scores of billion more to that sum if the war persists into the fall and winter.
Click for Full Text!