U.S. Defense Spending in Historical and International Context
May 14, 2024
Current U.S. military spending is higher than at any point of the Cold War in inflation-adjusted terms, but relatively low as a percent of national income.
May 14, 2024
Current U.S. military spending is higher than at any point of the Cold War in inflation-adjusted terms, but relatively low as a percent of national income.
March 11, 2024
Michael E. O’Hanlon joins EconoFact Chats to put U.S. defense spending in historical context, and discuss how decisions about the size and type of defense expenditures the U.S. undertakes are made.