Quote:
Originally Posted by YOWetal
First of all I will give you 10-1 odds on any amount of money we aren't spending 5% of GDP on defence in 2035 or ever outside of a full scale war.
Secondly, not spending over the past 20 years means we have a lot less debt and therefore are more able to invest not less able to invest now. It's the spending that matters not the increase. It's not like you didn't paint your house for 20 years. It's more like you didn't heat your pool for 20 years and now you are committing to heating it even in the dead of winter.
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Not necessarily. Had we stuck to our committed requirement of GDP spend there are plenty of shiny objects our gov'ts did spend on, mostly to get elected or re-elected, that wasn't necessary or prudent.
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