"In 2014 the United States, a country at peace with its neighbors…

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https://reason.com/blog/2015/11/11/memo-to-rubio-we-already-spend-far-more
"In 2014 the United States, a country at peace with its neighbors that has less than 5 percent of the world's population, accounted for more than a third of the world's military spending. Congress could cut the Pentagon's budget in half, and the U.S. would still be "the strongest military power in the world."