In perhaps the most predictable column of the year, the Wall Street Journal this week featured a column by Walter Russell Mead declaring it's "Time to Increase Defense Spending."
Using the Beijing Olympics and the potential Ukraine War to push for funneling ever more taxpayer dollars into military spending, Mead outlines how military spending ought to be raised to match the sort of spending not seen since the hot days of the Cold War.
Mead claims that "The world has changed, and American policy must change with it." The presumption here is that the status quo is one of declining military spending in which Americans have embraced some sort of isolationist foreign policy. But the reality doesn't reflect that claim at all. The status quo is really one of very high levels of military spending, and even outright growth in most years. This sort of gaslighting my military hawks is right up there with leftwing attempts to portray the modern economy as one of unregulated laissez-faire.
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