All of the accolades, speeches, concerts and fireworks are put to rest, at least until the Fourth of July celebration, as once again we have thanked our neighbors, friends and relatives who fought during World War II for the freedom of the world — the ones Tom Brokaw called "The Greatest Generation." I fear that it is just a matter of time before we have to do the ultimate fight once again.
The U.S. is part of a 28-nation coalition called NATO — but the U.S. is carrying the bulk of the financial load. While members are "expected" to spend 2 percent of their GDP, only four of the members pay close to their share: The U.S., the United Kingdom, Greece and Estonia. We provide more than 70 percent of NATO's spending on defense, while the other three spend about 2 percent of their GDP — and they are even cutting back on that.
NATO nations help support a civil budget (that addresses headquarters operating costs), the actual military budget and a Security Investment Program (that addresses the military capabilities of that country). Members support a defined activity, and it is subject to consensus among them. No NATO country acts alone.
Some of the countries that are reducing spending are Spain, Hungary, Italy, Slovenia and our neighbor to the north — Canada.
With the re-election of David Cameron, prime minister of Great Britain, NATO funding is taking a licking — with the U.K. army shrinking and the Royal Navy with zero aircraft carriers (however, two are being built). Cameron says that more military spending is unpopular.
Fareed Zakaria, who writes a foreign-affairs column for the Washington Post, wrote: "After an extraordinary 300-year run, Britain has essentially resigned as a global power."
Zakaria also stated how serious he thinks Britain's decision is to cut back on military spending: "The country is suspicious of a robust foreign policy of any kind — including serious sanctions against Russia, getting tough in trade talks with China, the use of force in the Middle East and an engaged relationship with the rest of Europe."
The U.K. isn't the only major European country demobilizing troops — Germany and France are doing the same thing.