Military expenditure as percent of GDP, data taken from the CIA factbook. (Photo credit: Wikipedia)

By Michèle Flournoy and Janine Davidson, The Diplomat, July 10, 2012

The recent global economic downturn has generated doubts about American resilience and our ability to lead in the world. Far from being a nation in decline, however, the United States’ global standing remains unmatched and the imperative for it to lead in today’s tumultuous environment is clear. Those who assume that in order to recover economically the United States must close its overseas bases and bring its military forces home misunderstand the role the U.S. military plays in promoting global prosperity. The United States has benefited enormously from a highly interdependent and globalized economy – one that has relied on the security and stability underwritten by our armed forces and our alliances for over 70 years. In this context, we simply cannot divorce “American” interests from “global” interests or otherwise opt out of the system economically or militarily. (more) http://ow.ly/cfuCz