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Why don't more countries spend 2% of GDP? - Printable Version

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Why don't more countries spend 2% of GDP? - ketchim - 05-25-2017

"Twenty-three of the 28 member nations are still not paying what they should,"

Trump told heads of NATO states assembled Thursday in Brussels.


Re: Why don't more countries spend 2% of GDP? - ketchim - 05-25-2017

[Image: 170320054624-nato-chart-spending-percent...80x439.jpg]


Re: Why don't more countries spend 2% of GDP? - ketchim - 05-25-2017

Many expertspoint out that the 2%  target is problematic.

NATO has warned against a rush to spend for the sake of spending

emphasizing that budget decisions must be based on strategic planning..


Re: Why don't more countries spend 2% of GDP? - ketchim - 05-25-2017

http://money.cnn.com/2017/05/25/news/nato-funding-explained-trump/

NATO is based on the principle of collective defense:

an attack against one or more members is considered an attack against all.

So far that has only been invoked once

-- in response to the September 11 attacks !


Re: Why don't more countries spend 2% of GDP? - chairman - 05-25-2017

Trump is upsetting all of America allies


Re: Why don't more countries spend 2% of GDP? - ketchim - 05-26-2017