Thursday, April 15, 2010

Your Tax Dollars at War: Information Clearing House - ICH:
"The 2011 military budget, by the way, is the largest in history, not just in actual dollars, but in inflation-adjusted dollars, exceeding even the spending in World War II, when the nation was on an all-out war footing.

"This military spending in all its myriad forms works out to represent 53% of total US federal spending.

"It’s also a military budget that is rising at a faster pace than any other part of the budget (with the possible exception of bailing out crooked Wall Street financial firms and their managers). For the past decade, and continuing under the present administration, military budgets have been rising at a 9% annual clip, making health care inflation look tiny by comparison."

Truly obscene. And what is almost worse is the fact that this is NEVER brought up in ANY political discussion. The first thing they go after is "entitlements" which is a code word for Social Security, which is completely funded by your tax dollars until 2037 at minimum. Yes, Medicare has funding problems. Fixable problems. But this military spending is THE reason why our debt is the way it is.

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