Skip to comments.Obama’s Favorite Piggybank
Posted on 10/09/2010 7:52:22 AM PDT by jmaroneps37
On August 31 President Obama announced the end of combat operations in Iraq, while proclaiming the military efforts the nation has made since 9/11 had shortchanged investments in our own people and contributed to record deficits.
Its no secret that progressives consider Defense as a waste of money that would be better served funding more entitlement programs. As Obama promised them What I wont do is cut back on investments like education. As a Commander and Chief Obama seems determined to throw the military under the bus and squander its budget.
Latest projections from the Congressional Budget Office estimate that President Obamas 2011 social program spending will add over $20 trillion to the national debt by 2020. This staggering figure projects to at least a $43,000 debt for every American born in 2020.
In Bob Woodards Obama War the president let it be known that I am not spending a trillion dollars on war costs. His motivation is not to lose the progressive vote that awarded him his office. The Pentagon gets the lowest increase of the presidents entire budget with the lions share going to entitlements and that is the real cause of fiscal distress.
After his first two years of insane spending President Obama in now concerned about deficits and national debt. High unemployment currently at 9.6% and a dismal economy greatly impacted the expected revenue from taxes.
Despite his Ivy League educated view regarding the military, it is not the real source of this current fiscal crisis. According to Arthur Brooks at the Heritage Foundation Defense spending has increased at a much lower rate than domestic spending
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This is a perfect example of what is wrong with Obummer (and liberalism). He believes things without evidence (or despite contrary evidence).
There's no relationship between the amount spent on education and outcome ... at least not at the levels we spend in this country.
Apparently Zer0 is incapable of seeing more than about 2 wks. into the future.
We now fight our wars with combined forces from all branches of the military. Why not organize our forces accordingly?
A good start to cutting defense costs would be to eliminate at least half of the general/flag officers taking up office space at the Pentagon. For the most part, all they do is get in the way.