VIDEO: U.S. Taxpayers Pay Billions — to Subsidize the Military of Wealthy Foreign Nations

Home » BLOGS » Liberator Online Archives » VIDEO: U.S. Taxpayers Pay Billions — to Subsidize the Military of Wealthy Foreign Nations

(From the Liberator Online, Volume 18, No. 17Subscribe today!)

It’s just one minute long, but this Cato Institute video offers powerful intellectual ammunition for those wanting to lower taxes and reduce U.S. involvement abroad.

Beleaguered American taxpayers are being forced to pay to subsidize the militaries of wealthy allied nations that can (and should) defend themselves — while these nations in turn spend the money they save on economic growth and propping up their massive welfare states.

See the staggering amounts the U.S. spends on military matters in comparison to the rest of the world.

As Cato elsewhere says:

“The average American spends $2,300 on the military, based on the latest data available. That is roughly four and a half times more than what the average person in other NATO countries spends. These countries boast a collective GDP of approximately $19 trillion, 25 percent higher than the U.S. They obviously can afford to spend more. So why don’t they? Because Uncle Sucker picks up nearly the entire tab.

“Looked at another way, U.S. alliances constitute a massive wealth transfer from U.S. taxpayers (and their Chinese creditors) to bloated European welfare states and technologically-advanced Asian nations.”

Should struggling American taxpayers be forced to pay for the defense of wealthy developed foreign nations? Should foreign welfare programs be subsidized by your tax dollars?

Share this short informative video with your friends, family and colleagues, and see what they think.

in Liberator Online Archives by James Harris Comments are off
About the author: James Harris

James Harris is the editor of the Liberator Online, the leading email newsletter of the liberty movement. His articles have appeared in numerous magazines and newspapers, and he has been a Finalist for the Mencken Awards, given by the Free Press Association for "Outstanding Journalism in Support of Liberty."