Russia and China Increase Defense Spending While US Continues Cutting

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Every year at this time, we see the same kind of headlines: “U.S. biggest military spender in the world.” They’re are all based on the release of the global military spending database, an annual report compiled by the Stockholm International Peace Research Institute (SIPRI).

What the headlines usually miss is that U.S. defense spending is going down while global military spending is going up. The fact that the U.S. spends more on defense than any other individual nation dramatically misses the point. Continue reading