Thursday, April 16, 2009

War Is Generational Theft

Bush saw a terror crisis and spent like there was no tomorrow. Obama sees an economic crisis and spends pretty much the same and conservatives are rightfully saying "no" to Obama's "generational theft." But debt is debt, and if spending mind-blowing amounts of money to address a domestic crisis is completely unacceptable, why is the same generational theft accepted -- and even encouraged -- by conservatives when it comes to war spending?

The United States has the largest defense budget on earth. At nearly $1.5 trillion in 2008, America accounts for over 50 percent of global defense spending. All the nations of Europe combined spend $289 billion and account for 20 percent of global defense spending. International "menaces," or nations Newt Gingrich calls an "evolving planetary threat" like North Korea and Iran, don't even account for 1 percent, and their annual defense budgets are similar to what the U.S. might spend on the National Endowment for the Arts.

The US cannot seem to stop spending money. Debt is the problem. Spending will not solve it. The empire is going broke.

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