Pentagon Spending Binge: Part Welfare, Part Waste

[The Straight Story]

Pentagon Spending Binge: Part Welfare, Part Waste

Gen. Stanley McChrystal If the United States stays on its present course of military spending increases, the Department of Defense’s annual budget would reach $1 trillion—that’s “t” for trillion—by 2030.

Defense Secretary Robert Gates has said the Pentagon’s ‘culture of endless money” must end, and President Barack Obama supposedly is behind Gates on this issue. And yet the DoD budget just keeps climbing like an advanced fighter aircraft, totaling about $700 billion this year.

“Adjusting for inflation, that’s more than America has spent on defense in any year since World War II—more than during the Korean war, the Vietnam war, or the Reagan military buildup,” writes Gregg Easterbrook in The New Republic, adding that military and security expenditures have soared by 119% since 2001.

Even if spending on the Iraq and Afghanistan wars is subtracted out, the defense budget has ballooned 68% since 2001.

http://www.allgov.com/Where_is_the_Money_Going/ViewNews/Pentagon_Spending_Binge__Part_Welfare_Part_Waste_101201

[uponit7771]

1. Mostly welfare Mostly crap for the rich