Our national debt increased about 90% under Bush’s administration. A lot of people blame that on the war. The fact is, the war was costly, but it wasn’t the problem. The problem was run-away spending across the board.
Today Obama says he’s trying to get the budget under control by cutting NASA and military projects. The fact is, while those do consume billions, those are pittances compared to domestic give-aways.
We spend a trillion here and a trillion there, and none of it is going to the military. We need to get off this kick of siding with those who wish to see our military even smaller, or defenses even weaker.
That IS NOT the road to success. It’s the road to failure, to mediocrity, to an also ran status.
If you look at the percentage of the national budget the military expense makes up, you’ll note that it is smaller today as a percentage then it has been in decades. So while Russia, China, Iran, and other nations procure more weapons and are thereby a bigger threat, we see our people suggesting we need to spend less.
Not on the military we don’t...
Are you willing to pay the taxes needed to sustain it? At some point something will have to give and no way forward is attractive. There are some however that we can survive and some which I don’t know if we can.
Keep in mind that national debt = budget deficit + intergovernmental debt.
Bush added about $1.9 trillion in 8 years to the budget deficit. Intergovernmental debt is entitlement programs, bonds, & treasuries (interest). Intergovernmental debt is on auto pilot.