“Certainly laudable goals Jeff, but in an era where the debt service alone equals the total FedGov revenue, and our credit has assumed ‘imaginary’ status, how will we achieve it?”
The theory says grow the economy.
But military buildup is not capable of growing the economy. It’s just as much a drag on the economy as any welfare check is. It rides the back of those that can grow the economy.
With these politicians who are in charge, “growing the economy” would merely mean growing the spending, also. The bigger the economy, the more money these people, on both sides of the aisle, would spend, and to hell with our fiscal situation. More tax revenue from “growing the economy” would simply encourage more spending.
(No, I’m not against economic growth, just against semantic tricks that politicians can hide behind.)