Consider that even that “war monger” George W. had to struggle quite mightily to get our defense spending back up to around 20% after the post cold-war Clinton years. So, while I hate to be the bearer of bad news for all the raving liberals out there, and the truth telling sort of individual who continually spoils perfectly good opinions, let us take a gander at the facts Jack. And, let us be reminded that these official figures come from the nonpartisan Congressional Budget Office.
Of all federal government spending for the fiscal year that ended Oct. 31, what went to national defense wasn't some grotesque percentage bankrupting our economy – it was a mere 19.4 percent.
If that’s bankrupting us, then what on earth is Social Security, Medicare, and Medicaid doing???
Much more detailed information can be found here:
http://www.cbo.gov/
8 comments:
Very nice blog. Thanks for the informative info on what is killing our nations economy.
Thanks for checking in D-Mac. Since you're into getting up early, I recommend that you drop by early and often. We try to keep it low key around here but we are a passionate bunch when it comes to public policy and it's effects on Freedom and Liberty.
And yet the entitlements get hardly even mentioned by the presidential candidates.
This is true. Maybe that's one of the key reasons we latched on to Thompson. He seemed to be the only one that had the intellectual honesty to address the elephant in the living room (no pun intended).
and if Obama or Hillary winse, expect a impolite shift in the pie graph.
Mitt Romney also kept mentioning entitlements and he was hard on illegals as well. It's too bad he dropped out of the race.
Maybe Thompson was a good candidate too, but Romney had the popularity necessary to pull it off. If only Huckabe had dropped out instead of Romney. Romney might have had a shot at the presidency. I still feel upset when I think about Romney dropping out of the race. Darn!! Oh well.
hey soapbox,
here i come a spammin and a spammin away at ya. lol
good lookin site amigo.
beth,
"And yet the entitlements get hardly even mentioned by the presidential candidates."
of course they aren't because the focus is on hillary and obama who are advocates of entitlements. and Bush tried to reform social security and look at how far that got. as for McCain i don't think you'll hear much outta him in regards to them either.
Thanks for droppin' by Griper. You're right, not a peep outta McCain. He's focused on the earmarks. They only amount to about $16 Billion. And, out of a a $3 Trillion budget, that's hardly the meat and potatoes.
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