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In reply to the discussion: Panetta blasts defense cuts [View all]dotymed
(5,610 posts)47. "Use it or lose it." That is a well known rallying cry in the military,
MIC, and most federal budget considerations.
It is our budgetary logic and it has helped create many monsters, especially, IMO, in our "defense" spending. Unfortunately, it is true. If your department has a budget, especially a federal budget, and all of that money is not spent within an alloted time, the bdget for next year will be reduced. Instead of rewarding government entities for saving money, they are punished. It is another idiocy guaranteed to rape the 99% who can least afford it.
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Of course. Defense is big, profitable business. Lots of money to be made.
NRaleighLiberal
Mar 2012
#1
OMG, the Mongol hordes are gonna get us if we cut the defense budget by $50 billion.
Lasher
Mar 2012
#2
Looks as if the only way the hordes can be held off is by gutting social security and medicare
indepat
Mar 2012
#44
If the Generals can't really say or do anything, why would it matter if they turn against Obama.
Lasher
Mar 2012
#25
In confirmation hearings, senior officers are routinely requied to promise that they will testify
24601
Mar 2012
#26
No mention of the Bush tax cuts extension. Is he playing to the GOP/teabagger/dittohead tune?
freshwest
Mar 2012
#6
The tune I'm talking about ignores the Bush tax cuts, and continued attacks on social spending.
freshwest
Mar 2012
#21
DLC died an ignominious death and is no more. The major problem for those I know in office, is morale.
freshwest
Mar 2012
#41
Well, I'm hanging out with the fossils, then. The problem is the language has been stolen from us.
freshwest
Apr 2012
#54
It would be responsible to shrink the "defense industry" small enough to drown in a teaspoon.
Thor_MN
Mar 2012
#7
Lying about the defense of America to line the coffers of the MIC should be treason
think
Mar 2012
#10
And in other news, China will increase its military budget by 11.2% this year.
unhappycamper
Mar 2012
#11
487 billion over a decade with a yearly budget of around 600 or 700 billion?
cstanleytech
Mar 2012
#36