Dollars Up, Threats Down

Lawrence Korb has argued that the money we spent on missile defense is largely wasted. Now Joseph Cirincione has some numbers supporting that position. The number of long-range missiles held by Russia and China has decreased 71% in the past twenty years. The number of medium-range missiles has gone down even more, 80%. And short-range missiles are largely Scud types, which were never very reliable in their heyday.