The Personal Finance Industry Is A Scam
What's Wrong With Modern Buildings? Everything, Starting With How They're Made
The Old Japan Disaster Horror Story
Andrew Yang Is Wrong
The Military-Industrial Virus
Does Trump Deserve Credit For The Economy? The Numbers Say No
The Misunderstood Brilliance Of The VA
How The Federal Government Rigs The Game Against Small Businesses
Robin Vos Insults The Intelligence Of Wisconsinites
Real Estate Owners Give Republicans Millions
When Socialists Swept Milwaukee
Colorado Has Generated Over $1 Billion In Marijuana Revenue
Study Finds Trump Tax Cuts Failed To Do Anything But Give Rich People Money
"Those who make peaceful revolution impossible will make violent revolution inevitable." ~ John F. Kennedy
Showing posts with label military-industrial. Show all posts
Showing posts with label military-industrial. Show all posts
Sunday, June 23, 2019
Thursday, June 13, 2013
Saturday, March 24, 2012
Sunday, May 8, 2011
Friday, March 4, 2011
The Untouchable Complex
Robert Scheer points out the hypocrisy of the budget cutters and deficit hawks. Over half of all federal discretionary spending is military spending. Cutting this is always off the table for Republicans (and most Democrats, too).
Labels:
budget,
deficits,
military spending,
military-industrial,
Republicans
Sunday, January 30, 2011
Where's The Money?
In all of the heated rhetoric surrounding deficits, debt, budgets, and where we are going to get the revenues to pay for the services we all desire, why do we ignore the glaringly inefficient, unneeded, unnecessary, and gratuitously bloated military budget?
The second largest military (China) spend 6.7 times less than the United States. We spend $660+ billion, while China spends almost $99 billion. Canada and Germany only spend 1.3% of their GDP on military expense. The U.S. spends 4.3%. Only spending as much as these two other highly productive and advanced nations would equal a 70 percent reduction in our military spending. Our military budget would only be $198 billion. A savings of $462 billion.
But, for arguments sake, lets assume we could have an equally effective military spending just 4 times what China spends. We'd still be spending just under $400 billion. But we'd now have over $260 billion to spend on infrastructure, education, health care, Medicare, debt, etc.
A much better bang for the buck. (No pun intended.)
Labels:
debt,
deficits,
military spending,
military-industrial
Subscribe to:
Posts (Atom)
