Silicon Investor (SI) -- The First Internet Community

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 : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (142075)	1/23/2002 4:38:05 PM
From: steve harris	Read Replies (1) \| Respond to of 1579738

Way to go Bush! Spending 48billion on defense is a lot better than giving 48billion to the lazy that votes for the politicians that keeps the gravy train coming! Steve

To: tejek who wrote (142075)	1/23/2002 7:00:11 PM
From: TimF	Read Replies (1) \| Respond to of 1579738

This is it........this is where the sh*t hits the fan. Bush Proposes $48 Billion Defense Increase $48bil is less then 2.5% of Federal government spending, and practically a rounding error compared to the US GDP. You can argue that the defense spending is wasteful, unneeded, even slightly harmful, but its ridiculous to claim that it will cause any fans to get hit... As a percentage of GDP or even just adjusted for inflation defense spending will still be well down from its peak and the size of US forces is likely to continue to shrink even with this increase and its likely that the increase will be reduced by Congress. The increase is small compared to the increase in non defense programs that has been occurring each year for awhile so if $48bil caused the fan to be impacted we would already be in desperate straights. Tim