Obama’s Favorite Piggybank

coachisright.com ^ | OCTOBER 9TH, 2010 | Jim Emerson, staff writer

[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.”

It’s 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 won’t 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 Obama’s 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 Woodard’s “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 president’s entire budget with the lion’s 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…. More..

[jmaroneps37]

This is something we need to address as soon as we get control of Congress.

[FrankR]

[freespirited]

"What I won’t do is cut back on investments like education.”

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.

[Vinnie]

After his first two years of insane spending President Obama in now concerned about deficits and national debt.

Apparently Zer0 is incapable of seeing more than about 2 wks. into the future.

[Night Hides Not]

Defense spending does need to be cut. We can no longer afford to be the world's policemen. Our logistics systems are overly redundant, adding billions needlessly.

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.