Wednesday, April 17, 2024

EU

As new support for Ukraine is held up in congress an interesting thing is happening. The Europeans are stepping up their support. This same thing might happen if the US begins to limit its support for European defense. Many feel it is time for Europe to start building up their own defense instead of relying on the US. The US has always been criticized for not having universal healthcare like Europe but when these other countries have to pay for their own defense they may have to cut back on some social programs. The EU spends $260 billion on defense while the US spends over $880 even though there are 450 million people in the EU and 330 million in the US. The EU spends $3.2 trillion on social programs while the US spends $1.2 trillion. The money the US spends defending Europe is enough to pay for Medicare for all in the US. As globalization winds down is now the time to make changes.

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