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"President Trump has made his priorities clear as day: He wants to outright defund programs that help working Americans while he shovels massive tax breaks at billionaires like himself."
The budget blueprint that U.S. President Donald Trump unveiled Friday would give a record $1.01 trillion to the American military for the coming fiscal year while imposing $163 billion in total cuts to housing, education, healthcare, climate, and labor programs.
The proposal, released by Office of Management and Budget (OMB) Director Russell Vought, was viewed by Democratic lawmakers and other critics as a clear statement of the White House's intent to gut programs that working class Americans rely on while pursuing another round of tax breaks for the ultra-wealthy and bolstering the Pentagon, a morass of waste and abuse.
"President Trump has made his priorities clear as day," said Sen. Patty Murray (D-Wash.), vice chair of the Senate Appropriations Committee. "He wants to outright defund programs that help working Americans while he shovels massive tax breaks at billionaires like himself and raises taxes on middle-class Americans with his reckless tariffs."
"This president believes we should shred at least $163 billion in investments here at home that make all the difference for families and have been essential to America's success—but that we should hand billionaires and the biggest corporations trillions in new tax breaks," Murray added. "That is outrageous—and it should offend every hardworking American who wants their tax dollars to help them live a good life, not pad the pockets of billionaires."
"Trump is prioritizing his own wallet and the tax benefits of his wealthy donors—leaving local communities and small towns to bear the brunt of his cuts."
According to the OMB summary, Trump's Fiscal Year 2026 budget would cut over $4.5 billion from Title I and K-12 education programs, $4 billion from a program that provides heating assistance to low-income households, $2.4 billion from safe drinking water funding, $26 billion from rental assistance programs, $17 billion from the National Institutes of Health, $100 million from environmental justice programs, $1.3 billion from the National Oceanic and Atmospheric Administration (NOAA), and $4.6 billion from the Labor Department.
"President Trump is again betraying the millions of Americans who believed him when he promised to lower costs," Tony Carrk, executive director of Accountable.US, said in a statement. "This time, he's taking aim at anyone who attends a public school, relies on rental assistance to keep a roof over their heads, or accesses healthcare through Medicaid or Medicare."
"Instead of standing up for everyday Americans," said Carrk, "Trump is prioritizing his own wallet and the tax benefits of his wealthy donors—leaving local communities and small towns to bear the brunt of his cuts."
Bobby Kogan, senior director of federal budget policy at the Center for American Progress, noted that the cuts to social programs in the White House's budget proposal "are extreme by any standard, but they're extreme even by Trump's own standards," far exceeding even what he proposed during his first term.
"The cuts in this budget are especially egregious," said Kogan, "when you consider that Trump is also trying to push the largest Medicaid and food assistance cuts in American history through Congress over the next few months."
Meanwhile, the U.S. military would see a $113 billion budget increase compared to current levels if the Republican-controlled Congress were to enact Trump's proposal. The 13% increase would push the nation's annual military budget above $1 trillion, which analysts have described as the highest level since the Second World War.
"The Pentagon is bloated, wasteful, and has NEVER passed an audit," the progressive watchdog group Public Citizen wrote in response to Trump's budget. "What a disgrace."
"As governments increasingly prioritize military security, often at the expense of other budget areas, the economic and social trade-offs could have significant effects on societies for years to come," said one expert.
Military spending worldwide soared to $2.718 trillion last year, meaning it "has increased every year for a full decade, going up by 37% between 2015 and 2024," according to an annual report released Monday.
The Stockholm International Peace Research Institute (SIPRI) has tracked conflict, disarmament, and weapons for nearly six decades. Its 2024 spending report states that "for the second year in a row, military expenditure increased in all five of the world's geographical regions, reflecting heightened geopolitical tensions across the globe."
In a Monday statement, Xiao Liang, a researcher with the SIPRI Military Expenditure and Arms Production Program, highlighted that "over 100 countries around the world raised their military spending in 2024."
"It was the highest year-on-year increase since the end of the Cold War."
"This was really unprecedented... It was the highest year-on-year increase since the end of the Cold War," Liang told Agence France-Press, while acknowledging that there may have been larger jumps during the Cold War but Soviet Union data is not available.
Liang warned that "as governments increasingly prioritize military security, often at the expense of other budget areas, the economic and social trade-offs could have significant effects on societies for years to come."
The United States—whose Republican lawmakers are currently cooking up a plan to give even more money to a Pentagon that's never passed an audit—led all countries, with $997 billion in military spending. The report points out that the U.S. not only allocated "3.2 times more than the second-largest spender," but also "accounted for 37% of global military expenditure in 2024 and 66% of spending by North Atlantic Treaty Organization (NATO) members."
In the second spot was China, with an estimated $314 billion in spending. Nan Tian, director of the SIPRI Military Expenditure and Arms Production Program, raised the alarm about spending in Asia.
"Major military spenders in the Asia-Pacific region are investing increasing resources into advanced military capabilities," said Tian. "With several unresolved disputes and mounting tensions, these investments risk sending the region into a dangerous arms-race spiral."
In third place was Russia, with an estimated $149 billion in spending. Russia remains at war after launching a full-scale invasion of Ukraine in February 2022. Rounding out the top five were Germany ($88.5 billion) and India ($86.1 billion).
They were followed by the United Kingdom, Saudi Arabia, Ukraine, France, Japan, South Korea, Israel, Poland, Italy, and Australia. The report says that "together, the top 15 spenders in 2024 accounted for 80% of global military spending ($2,185 billion) and for 79% of the total increase in spending over the year. All 15 increased their military spending in 2024."
"The two largest year-on-year percentage increases among this group were in Israel (+65%) and Russia (+38%), highlighting the effect of major conflicts on spending trends in 2024," the publication continues. Israel has been engaged in a U.S.-backed military assault on the Gaza Strip—globally condemned as genocide—since October 2023.
"Russia once again significantly increased its military spending, widening the spending gap with Ukraine," noted SIPRI researcher Diego Lopes da Silva. "Ukraine currently allocates all of its tax revenues to its military. In such a tight fiscal space, it will be challenging for Ukraine to keep increasing its military spending."
Russian President Vladimir Putin on Monday announced an upcoming three-day truce to celebrate the 80th anniversary of the end of World War II in Europe. In response, Ukrainian President Volodymyr Zelenskyy called for an immediate monthlong cease-fire.
All NATO members boosted military spending last year, which SIPRI researcher Jade Guiberteau Ricard said was "driven mainly by the ongoing Russian threat and concerns about possible U.S. disengagement within the alliance."
"It is worth saying that boosting spending alone will not necessarily translate into significantly greater military capability or independence from the USA," the expert added. "Those are far more complex tasks."
Another SIPRI researcher, Lorenzo Scarazzato, highlighted that "for the first time since reunification Germany became the biggest military spender in Western Europe, which was due to the €100 billion special defense fund announced in 2022."
"The latest policies adopted in Germany and many other European countries suggest that Europe has entered a period of high and increasing military spending that is likely to continue for the foreseeable future," Scarazzato said.
As for the Middle East, SIPRI researcher Zubaida Kari said that "despite widespread expectations that many Middle Eastern countries would increase their military spending in 2024, major rises were limited to Israel and Lebanon."
In addition to slaughtering at least tens of thousands of Palestinians in Gaza over the past nearly 19 months, Israel has killed thousands of people in Lebanon while allegedly targeting the political and paramilitary group Hezbollah. Kari said that elsewhere in the region, "countries either did not significantly increase spending in response to the war in Gaza or were prevented from doing so by economic constraints."
Under the influence of the neocons, Democrats and Republicans alike have marched America into one disaster after another, in a vain effort to defy the economic tides by which all great powers rise and fall. Trump and his team are no exception.
Not a day goes by without a new shock to Americans and our neighbors around the world from the Trump administration. On April 22nd, the International Monetary Fund (IMF) downgraded its forecasts for global growth in 2025, from 3.3% to 2.8%, and warned that no country will feel the pain more than the United States. Trump’s policies are expected to drag U.S. growth down from 2.7% to 1.8%.
It’s now clear to the whole world that China is the main target of Trump’s trade wars. The U.S. has slapped massive tariffs—up to 245%—on Chinese goods. China hit back with 125% tariffs of its own and refuses even to negotiate until U.S. tariffs are lifted.
Ever since President Obama announced a U.S. “pivot to Asia” in 2011, both U.S. political parties have seen China as the main global competitor, or even as a target for U.S. military force. China is now encircled by a staggering 100,000 U.S. military personnel in Japan, South Korea and Guam (plus 73,000 in Hawaii and 415,000 on the U.S. West coast) and enough nuclear and conventional weapons to completely destroy China, and the rest of us along with it.
To put the trade war between the U.S. and China in context, we need to take a step back and look at their relative economic strength and international trading relations with other countries. There are two ways to measure a country’s economy: nominal GDP (based only on currency exchange rates) and “purchasing power parity” (PPP), which adjusts for the real cost of goods and services. PPP is now the preferred method for economists at the IMF and OECD.
If the U.S. keeps trying to bully its way back to the top, we could all lose everything.
Measured by PPP, China overtook the U.S. as the largest economy in the world in 2016. Today, its economy is 33% larger than America’s—$40.7 trillion compared to $30.5 trillion.
And China isn’t alone. The U.S. is just 14.7% of the world economy, while China is 19.7%. The EU makes up another 14.1%, while India, Russia, Brazil, Japan, and the rest of the world account for the other 51.5%. The world is now multipolar, whether Washington likes it or not.
So when Malaysia’s trade minister Tengku Zafrul Aziz was asked whether he’d side with China or the U.S., his answer was clear: "We can’t choose—and we won’t." Trump would like to adopt President Bush’s “You’re either with us or with the terrorists” posture, but that makes no sense when China and the U.S. together account for only 34% of the global economy.
China saw this coming. As a result of Trump’s trade war with China during his first term in office, it turned to new markets across Asia, Africa, and Latin America through its Belt and Road Initiative. Southeast Asia is now China’s biggest export market. It no longer depends on American soybeans—it grows more of its own and buys most of the rest from Brazil, cutting the U.S. share of that market by half.
Meanwhile, many Americans cling to the idea that military power makes up for shrinking economic clout. Yes, the U.S. outspends the next ten militaries combined—but it hasn’t won a major war since 1945. From Vietnam to Iraq to Afghanistan, the U.S. has spent trillions, killed millions, and suffered humiliating defeats.
Today in Ukraine, Russia is grinding down U.S.-backed forces in a brutal war of attrition, producing more shells than the U.S. and its allies can at a fraction of our cost. The bloated, for-profit U.S. arms industry can’t keep up, and our trillion dollar military budget is crowding out new investments in education, healthcare, and civilian infrastructure on which our economic future depends.
None of this should be a surprise. Historian Paul Kennedy saw it coming in his 1987 classicThe Rise and Fall of the Great Powers. Every dominant empire, from Spain to Britain to Russia, eventually confronted relative decline as the tides of economic history moved on and it had to find a new place in a world it no longer dominated. Military overextension and overspending always accelerated the fall.
“It has been a common dilemma facing previous ‘number one’ countries that even as their relative economic strength is ebbing, the growing foreign challenges to their position have compelled them to allocate more and more of their resources into the military sector, which in turn squeezes out productive investment…,” Kennedy wrote.
He found that no society remains permanently ahead of all others, but that the loss of empire is not the end of the road for former great powers, who can often find new, prosperous positions in a world they no longer dominate. Even the total destruction suffered by Germany and Japan in the Second World War, which ended their imperial ambitions, was also a new beginning, as they turned their considerable skills and resources from weapons development to peaceful civilian production, and soon produced the best cars and consumer electronics in the world.
Paul Kennedy reminded Americans that the decline in U.S. leadership “is relative not absolute, and is therefore perfectly natural; and that the only serious threat to the real interests of the United States can come from a failure to adjust sensibly to the newer world order…”
And that is exactly how our leaders have failed us. Instead of judiciously adapting to America’s relative decline and carving out a new place for the United States in the emerging multipolar world, they doubled down—on wars, on threats, on the fantasy of endless dominance. Under the influence of the neocons, Democrats and Republicans alike have marched America into one disaster after another, in a vain effort to defy the economic tides by which all great powers rise and fall.
Since 1987, against all the historical evidence, seven U.S. presidents, Democrats and Republicans, have blindly subscribed to the simplistic notion peddled by the neocons that the United States can halt or reverse the tides of economic history by the threat and use of military force.
Trump and his team are no exception. They know the old policies have failed. They know radically different policies are needed. Yet they keep playing from the same broken record—economic coercion, threats, wars, proxy wars, and now genocide—violating international law and exhausting the goodwill of our friends and neighbors around the world.
The stakes couldn’t be higher. It took the two most deadly and destructive wars in human history to put an end to the British Empire and the age of European colonialism. In a nuclear-armed world, another great-power war wouldn’t just be catastrophic—it would very likely be final. If the U.S. keeps trying to bully its way back to the top, we could all lose everything.
The future instead demands a peaceful transition to international cooperation in a multipolar world. This is not a question of politics, right or left, or of being pro- or anti-American. It’s about whether humanity has any future at all.