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The Pros And Cons Of Military Spending

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United States Economic and Military Dominance Threatened by Military Spending
It is assumed that the United States economic and military dominance is threatened by its annual military spending budget. Military spending today has a long history that is traced back to the post-WWII era when the United States engaged in the Cold War with the Soviet Union, and in subsequent conflicts and perceived crises. In order for the government to increase military spending, it has justified the need for additional arms through fear of other countries. During the Cold War, that fear was that the Soviet Union had nuclear weaponry that was technologically advanced beyond what the U.S. was capable of. During Vietnam, which correlated with the Cold War, it was …show more content…

Defense spending has remained fairly constant since the Korean War, roughly $300 to $400 billion in 2006 dollars, and is a major component of United States economic stability. Military spending became a permanent fixture of the American economy after WWII and hasn’t let up since. In the early 1960’s, President John F. Kennedy introduced “New Economics” as a way to bring the economy out of stagnation through government spending. A majority of the government spending he proposed was on national defense and the arm’s race with the Soviet Union. His goal was not only to stimulate the economy, but to establish U.S. hegemony. Hegemony, by definition, turned the United States into the world police force “against external threats and internal rebellions.” Once America established a weapons-based economy in the 1950’s and 1960’s, it never turned back from it. In subsequent years, perceived threats of crisis, and “gaps” between what the U.S. had and what other countries had, fueled a consistent budget for military …show more content…

Militarization officially came about in NCS-68 which increased the spending budget from $14 billion in 1950 to $53 billion in 1952, as well as form NATO alliances with a defeated but increasingly dangerous Germany, along with other things. According to Eisenhower, the justification for the increase was fear that the Soviet Union had more bombers and missiles than the United States and it was imperative that the U.S. surpass Soviet military capabilities. The concept of militarization continued through Vietnam, the Persian Gulf War, and the wars in Iraq and Afghanistan post 9/11. President Bush claimed Iraq was hiding “weapons of mass destruction,” thus justifying the call up of thousands of men and women to serve in the United States military and the subsequent invasion of Iraq. Today, we grapple with both the might of Russia, but also a complicated conflict in the Middle East and consistent threats from North Korea. Clearly, we won’t see a decrease in military spending any time

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