(source: "Table 3.1: outlays by superfunction and function: 1940--2009," in Office of Management and Budget, Historical Tables, Budget of the United States Government, Fiscal Year 2005 (2004), Washington, pp. 45--52
That's a graph of the US military spending as a percentage of GDP from 1940 to 2003. Now, before you start celebrating the fact that the US spent 37.8% at its peak of wartime spending as "proof" that it's simple to do so, let's compare American and German GDPs throughout the war.
US GDP (1938 - 1945) in International Dollars (billions) [source:Based on Table 1 found in Mark Harrison, The USSR and Total War: Why Didn't the Soviet Economy Collapse in 1942? from Mark Harrison, "The Economics of World War II: an Overview," in Mark Harrison, ed., The Economics of World War II: Six Great Powers in International Comparison, Cambridge University Press (1998), 10.]
1938 - 800
1939 - 869
1940 - 943
1941 - 1094
1942 - 1235
1943 - 1399
1944 - 1499
1945 - 1474
German GDP (1938 - 1945) in International Dollars (billions) [source:same as above]
1938 - 351
1939 - 384
1940 - 387
1941 - 412
1942 - 417
1943 - 426
1944 - 437
1945 - 310
37.8% of the US's 1499 billion GDP in 1944 is 566.62 billion. That's far greater than the peak of German GDP. Even if, somehow, German could afford to spend 20% of its meager GDP on military equipment, that's just 87.4 billion. How do you propose that spending that amount for the "next few years" would allow them to sustain buildup when it doesn't even come close to the US alone? How can they sustain even close to a constant spending of 20% for years when, at this point, most of their infrastructure has had its ass kicked on both sides, and is still getting kicked again and again?