Military threats are growing steadily. The logical response would be to increase defense spending accordingly. However, four trends are converging to make that response less likely. First, the Pentagon has already received sizable after-inflation spending increases since President Trump entered office in 2017, and yet the joint force can’t seem to keep up with challenges. Second, the national debt has grown to unprecedented peacetime levels. Third, there is little sign the public considers national defense a major concern. Fourth, the political culture has grown volatile and unpredictable, making the simplest legislative tasks difficult to accomplish. I have written a commentary for Forbes here.
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