Sure hoping He’s right on that one
He's right. The left keeps on harping on the military industrial complex, but we're spending about the same percentage of national output on defense - on average - as we've spent since the end of WWII. What leftists will not acknowledge is the out of control growth of the welfare state complex, which has grown from the low single digit % of national output to the 30% range. An out-of-control welfare state is fueling our monstrous deficits.
Obama’s uncontrolled spending has put us in a situation that we have a $700b annual deficit even if we zero out the defense budget.
They are winning converts on the second, implied part of that which is “the money would be better spent increasing your social benefits here at home”.
That line essentially won Bob Casey a Senate seat.
What’s the problem? We only borrow 50% of what we spend. We are only about 15 trillion ( 150 if you add up all the stuff off the books)in the hole.