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Politics : Sarah Palin For President 2012 -- Ignore unavailable to you. Want to Upgrade?

To: RMF who wrote (436)	9/13/2008 6:43:43 PM
From: TimF	3 Recommendations Respond to of 1832

"That's not actual debt" It IS if you want to get elected to National Office in the U.S. No it isn't. Promises of future spending are not debt, whether I or someone else wants to get elected doesn't change what these promises are. We ARE alone when it comes to spending so much of our revenue on National Defense. No we aren't, quite a few countries spend roughly as much, or more compared to the size of their economy, and we used to spend a lot more (slightly more under Reagan, much more during Vietnam, massively more during Korea, and incredibly more during WWII) I think we still spend more than the next 100 countries combined. In terms of official defense budgets yes, but not in terms of actual resources put towards defense. In any case defense spending has been on a serious long term downard trend as part of our national economy. Its less and less of an issue. The real money, even today, and definitely in the future, is in entitlements.