91. Military Primacy Doesn't Pay (Nearly As Much As You Think)
- Author:
- Daniel W. Dresner
- Publication Date:
- 10-2013
- Content Type:
- Journal Article
- Journal:
- International Security
- Institution:
- Belfer Center for Science and International Affairs, Harvard University
- Abstract:
- The 2008 financial crisis dramatically worsened the fiscal future of the United States. In the first five years of the Great Recession, the debt-to-gross domestic product ratio of the United States more than doubled, and multiple bond-ratings agencies downgraded U.S. federal government debt. The inevitable debate in Washington is where and how much to cut federal spending. The national security budget is a natural target for fiscal conservatives. Their logic is clear-cut: defense and war expenditures are not the primary culprits for the parlous fiscal state of the United States, but they acted as accessories. For the 2013 fiscal year, the U.S. federal government has budgeted more than $685 billion in defense expenditures. Tacking on budgeting for intelligence and nuclear forces raises that figure to more than $725 billion. With the wars in Iraq and Afghanistan winding down and al-Qaida's top leadership decimated, the security threats to the United States have also declined. At the same time, the country possesses an unparalleled lead in defense assets and expenditures. Given its unchallenged military supremacy, targeting cuts toward defense spending after a decade of dramatic budgetary increases is a natural ambition.
- Political Geography:
- Afghanistan, United States, Iraq, and Washington