Hacker News new | ask | show | jobs
by caseymarquis 3126 days ago
I live in the US, and agree with most of your point, but regarding military spending, a significant portion of that is due to occupation of foreign countries and external military bases. The US is basically the last country paying to maintain an empire.
2 comments

The historical norm is that a successful empire is very profitable. If you have to spend money maintaining it, you're doing it wrong.

In other words: the US is not an empire. It's something that needs a different term.

What makes you say that it isn't profitable? The US has the largest GDP of any country by a large margin. Even the entire (pre-Brexit) EU combined is about 10% smaller.
But how much of the US GDP is attributable to its 'empire', especially considering the opportunity costs of the human and other capital invested in the DoD? I'd love to see the result of a detailed analysis.
Yes, and many countries would have to pay more for their own defense were the U.S. not building those bases and helping defend them.