Does NATO Still Matter?
By John R. Deni
The alliance has created economic growth, peace and stability.
America’s relationship with Europe is undergoing a potentially profound reexamination. Whether and how the transatlantic bond — especially America’s commitment to NATO — will endure has become an open question.
To some degree, reassessment makes sense. The NATO agreement was penned over 75 years ago and most Americans alive today don’t know what led President Harry S. Truman to add his signature.
Nonetheless, the rationale for continued U.S. commitment to NATO is as rock solid today as it was in 1949. The reasons are varied, but the most important is one that’s not normally associated with the alliance: economic well-being.
There are three reasons why NATO matters to Americans. First and foremost, if you care about having a job, you should care about NATO’s durability. As all economists, bankers and businesspeople know, capital flees instability. Conflict tends to throttle economic growth in the countries and regions immediately involved.
https://ssi.armywarcollege.edu/SSI-Media/Recent-Publications/Article/4161771/does-nato-still-matter/