November 7, 2008
The High Cost of Defense
This article shows the return to a warrior economy.
During the Clinton years, the US government was almost able to pay off its bills because this administration had reduced defense spending. Not a lot, but enough.
At the dawn of the Bush age, we saw an iunprecedented increase in ‘defense’ spending that has nearly bankrupt the US economy.
With any luck, Obama will curb the defense appetite and we’ll have a return to sanity. However, I’m reading a number of articles and I’m getting mixed messages. What are your thoughts on Obama’s warrior agenda?