Become a Member

Trump Says NATO Allies Don’t Pay Their Share.

By thinairmony, May 31, 2017

President Trump castigated the leaders of NATO allies to their faces during his trip to Europe this week, suggesting that many of them “owe massive amounts of money” to the alliance. Mr. Trump has a point, but he mischaracterizes the way it works.
What is Mr. Trump’s complaint?
“NATO members must finally contribute their fair share and meet their financial obligations, for 23 of the 28 member nations are still not paying what they should be paying and what they’re supposed to be paying for their defense,” he said.
Yes and No. NATO has a budget to cover common civilian and military costs, and some NATO-owned assets are also commonly funded when they are used in operations. The United States pays 22 percent of those costs, according to a formula based on national income. None of the NATO allies are in arrears on these contributions. Mr. Trump is referring imprecisely to a goal NATO has set for each member to spend at least 2 percent of its gross domestic product on its own defense each year. He is correct that only five of the 28 members currently meet that goal, and they are the United States, Greece, Britain, Estonia and Poland. NewYork Times By Peter Baker May 26, 2017

This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.

12345

12345

This site uses Akismet to reduce spam. Learn how your comment data is processed.

0 Comments
Inline Feedbacks
View all comments

We use cookies on this site to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies.

More Info  
18
0
Would love your thoughts, please comment.x
()
x
Please note that this is your publicly visible biography - we recommend not including any personal information (phone, email, address, etc.) and ONLY linking to any other pages or profiles you're comfortable sharing with everyone.

Updating your Credit Card in PayPal

Your subscription is paid through your PayPal account.

To update your credit card or cancel, please log in to PayPal.com, go to your automatic payments, open the Stock Gumshoe payment, and make changes there.

More information here: Paypal — What Is an Automatic Payment and How Do I Update or Cancel One?

Exit mobile version