View from the Center and Left Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : View from the Center and Left

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: TimF who wrote (48025)	2/5/2008 3:17:05 PM
From: KyrosL	Read Replies (1) of 541291

Other large, rich countries spend on the average less than 2% of their GDP on their military. We spend more than 4%. I think we should not be the policeman that keeps order in the world, unless we get paid for it. And we are not. We benefit from an open globalized world as much as the other rich countries, but we bear most of the policeman's burden. The way I see it, we subsidize oil to the tune of $300 billion a year (the extra 2% of GDP we are spending). That's about $80 per imported barrel. A $2 to $3 a gallon of gasoline tax should pay for it, if we insist on providing the world with this free service.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next