SI
SI
discoversearch

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 : Politics for Pros- moderated
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bearcatbob who wrote (316631)7/26/2009 1:39:52 PM
From: Stevefoder5 Recommendations  Read Replies (2) of 794001
 
I also think we will have to see a radical decrease in military spending.

A radical decrease in military spending will not solve the deficit problem since the deficit is greater than all the Pentagon's spending.

When I was a kid, defense spending was 70% of the Federal budget. Now it is about 20% of the budget. The decrease in the relative size of defense spending is the only reason the Feds have been able to increase the social spending so much without huge tax increases.

We need to remind people that one reason we got in WWII was that our military was weak and our enemies attacked confident we could not defeat them. It took two years after Pearl Harbor to build a strong military. We had the two years due to our geographic isolation by the Atlantic and Pacific Oceans.

Technology has eliminated our geographic isolation. The next war will be come as you are, and could easily be decided in one year or less.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News