This argument usually depends on how you quantify defense spending, no? [0] In terms of PPP, the U.S. is falling behind. To be perfectly clear, that doesn't somehow absolve the size of U.S. defense spending. If anything, it's damning of all these wunderwaffe projects defense contractors take on and the taxpayer funds.

[0] https://www.economist.com/graphic-detail/2026/05/11/by-one-m... (no paywall: https://archive.ph/X9zzc)