Yes, I think that's right.
Posted on: July 22, 2016 at 08:41:03 CT
DC Jayhawk KU
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However, that doesn't mean that other nations aren't contributing. From 1985 to 2005, European spending on NATO exceeded or met 2% nearly that entire time.
As GDP grows, if the defense spending is stagnant or increases minimally, it will fall as a percentage, but that doesn't mean countries aren't contributing.