I'll believe it when I see it.
Pentagon Review Threatens E-7A Acquisition Plan, Sources Say | Aviation Week Network
The U.S. Air Force plan to buy 26 Boeing E-7A Wedgetail aircraft faces a cancellation threat.aviationweek.com
a boost for a Global 6500 based airframe?
Lithuania and a few others have stated similar.Well the German's just moved the goal posts.
![]()
Foreign minister: Germany to comply with Trump's 5% defence target
US President Donald Trump has long demanded that NATO partners spend more on defence. Germany now wants to comply. #EuropeNewswww.euronews.com
Germany to comply with Trump's 5% defence spending target, foreign minister suggests
Yes but when the second largest country, that has been quasi pacifist for the last 80yrs, in NATO comes out and says ‘5%’ that kind of wakes people upLithuania and a few others have stated similar.
Won’t change a thing here….Yes but when the second largest country, that has been quasi pacifist for the last 80yrs, in NATO comes out and says ‘5%’ that kind of wakes people up
When you look at the enemies aligned against the West, 5% is simply a requirement.They're pulling the same trick everyone else on global stage has dome with Trump 2.0, tell him he's brilliant and they'll get right on it, then never mention it again and hope he sundowns. 5% would bankrupt most Western economies or force them to demolish their welfare states, I think they'd rather go bankrupt. 2.5% is plenty.
We aren't in a state of total war, levels of spending that high are completely unsustainable. You might be learning mandarin with 5% anways when the healthcare, education and public infrastructure systems collapse due to a lack of funding and people get revolutionary. Your country can't even afford 3.5% and your social safety net is already pitiful, you're the global superpower and you have the ability of printing the global reserve currency. If the USA can't meet that level, it's laughable to expect any other major economy to be able to do so as well.When you look at the enemies aligned against the West, 5% is simply a requirement.
Or would you prefer to be forced to learn mandarin?
What's interesting to me the most about all this is that our servicing of just the interest payments on just our Federal Debt eats up just over 10% of our total revenue. So the debt interest costs at around 47$ billion are pretty much inline with the 2% CAF costs of approximately 50$ billion.We aren't in a state of total war, levels of spending that high are completely unsustainable. You might be learning mandarin with 5% anways when the healthcare, education and public infrastructure systems collapse due to a lack of funding and people get revolutionary. Your country can't even afford 3.5% and your social safety net is already pitiful, you're the global superpower and you have the ability of printing the global reserve currency. If the USA can't meet that level, it's laughable to expect any other major economy to be able to do so as well.
Nevermind that we'll need to be learning Super Mutant before we ever need to learn Mandarin if we go to war with China.![]()
You're not wrong. That's an actual target. 5% is pure virtue-signaling, plain and simple. It ignores the reality of society.What's interesting to me the most about all this is that our servicing of just the interest payments on just our Federal Debt eats up just over 10% of our total revenue. So the debt interest costs at around 47$ billion are pretty much inline with the 2% CAF costs of approximately 50$ billion.
If the previous governments over the last 10yrs had did a much better job of managing our debt/deficit and if only 5-6 cents of very revenue dollar went to the debt vs 10 cents, wed have another 17-18 billion of revenue available to better fund the CAF and would have much better ability/flexibility to hit 2.25% or 2.35%
IMHO outputs are more important than an arbitrary % of GDP.You're not wrong. That's an actual target. 5% is pure virtue-signaling, plain and simple. It ignores the reality of society.
I figured this might be as good spot as any
When will the U.S. hit 5%?When you look at the enemies aligned against the West, 5% is simply a requirement.
Or would you prefer to be forced to learn mandarin?
IMHO outputs are more important than an arbitrary % of GDP.
My point in original post on this is that the West needs to understand that the Russian collective does view themselves at war with us, and the sooner we address that elephant the better.
The Nanisivik naval facility has had a fluctuating budget and spending history. Originally estimated at $258 million, the final cost is expected to be around $116 million. As of recently, the Department of National Defence has spent approximately $107.6 million on the project, according to CTV News.
Here's a more detailed breakdown:
- Original Estimate: The project was initially approved with a budget of $258 million in 2010.
- Cost Reduction: The budget was later reduced to $116 million.
- Current Spending: The Department of National Defence has spent approximately $107.6 million to date, with the final cost expected to reach $114.6 million, according to Nunatsiaq News.
- Project Scope: The facility includes a deepwater port, jetty, fuel storage tanks, a site office, a wharf operator's shelter, a storage building, and a helicopter landing pad.
- Construction Delays: Construction was delayed due to COVID-19 restrictions, bad weather, and the main road connecting the facility to Arctic Bay being washed out.
The total investment in the Mary River Mine is estimated to be around $3.5 billion. Baffinland Iron Mines has invested this amount, with a portion of that being spent on the truck route. While the initial project was projected to cost $4 billion, it was scaled back, and the current investment is closer to $740 million for the original development. Additional investments have been made for expansions and other projects.
Do as I say, not as I do. Besides we carried the burden for years, and have decided to take a knee these days. Must be the bone spurs kicking in againWhen will the U.S. hit 5%?