The USS George H.W. Bush in the Persian Gulf, September 2014
U.S. Navy

The United States has spent $19 trillion on its military since the end of the Cold War. That is $16 trillion more than China spent and nearly as much as the rest of the world combined spent during the same period. Yet many experts think that the United States is about to lose a devastating war. In March, Admiral Philip Davidson, then the commander of U.S. forces in the Indo-Pacific, warned that within the next six years, China’s military will “overmatch” that of the United States and will “forcibly change the status quo” in East Asia. Back in 2019, a former

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