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The Water Cooler
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This is quite interesting as well as disturbing - Obama is dangerous to all of us!
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<blockquote data-quote="mugsy" data-source="post: 2085277" data-attributes="member: 18914"><p>BTW - our military budget didn't and isn't bankrupting us. We are spending a very small proportion of the GDP on military spending and the military itself is among the smallest we have maintained in decades. Spending has gone up since 2001 (which started as a small defense budget) but our wealth as a nation has grown faster than our military spending. In fact, military spending post-cold war is one of the few areas of Federal spending that has suffered real cuts (not just growth trimming). The real problem is that we now spend much more on other, very inflexible programs - basically social benefit programs that become expected regular "rights" by people and are notoriously difficult to cut...unlike military spending.</p><p></p><p>We also have acquired the habit of avoiding taxes while demanding additional spending and then allowing deficits to build which themselves become drains on the budget.</p></blockquote><p></p>
[QUOTE="mugsy, post: 2085277, member: 18914"] BTW - our military budget didn't and isn't bankrupting us. We are spending a very small proportion of the GDP on military spending and the military itself is among the smallest we have maintained in decades. Spending has gone up since 2001 (which started as a small defense budget) but our wealth as a nation has grown faster than our military spending. In fact, military spending post-cold war is one of the few areas of Federal spending that has suffered real cuts (not just growth trimming). The real problem is that we now spend much more on other, very inflexible programs - basically social benefit programs that become expected regular "rights" by people and are notoriously difficult to cut...unlike military spending. We also have acquired the habit of avoiding taxes while demanding additional spending and then allowing deficits to build which themselves become drains on the budget. [/QUOTE]
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The Water Cooler
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This is quite interesting as well as disturbing - Obama is dangerous to all of us!
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