Big news out of the North Atlantic Treaty Organization (NATO) meeting this week is member governments agreeing to a declaration stating they each “commit to invest 5 percent of GDP annually on core defence requirements as well as defence-and security-related spending by 2035 to ensure our individual and collective obligations.”
Tag: five percent
Since his first term, we have grown used to President Donald Trump badgering governments of fellow NATO countries to increase their “defense” spending to five percent of their respective GDPs. Quote marks are used in the preceding sentence because such spending by these governments, or the US, will largely be used for offense, feeding the military-industrial complex, and other purposes far removed from defense.