lordmandeep on 10 December 2011
Well looking at history, Superpowers need to have a strong military to remain dominate.
It can led to severe Fin restrain, but imagine how the British would be if they did have the best Navy in the world in the past?
Also, it naive to think war will not occur and terrible things will not happen.
Looking at the spending, China will likley spend, double or triple or even more in the future as their economy expands.
So imo the US, can spend a lot of money on its military as great powers have in the past. They need to collect more revenue through taxes and this is something the US does not do well. Many loopholes mean Corporations avoid paying taxes and the wealthy can as well.
