Did you catch the following graphic in today’s Wall Street Journal?
Makes you stop and think, doesn’t it?
The U.S. spends more on defense than the other top 6 countries combined. Makes you wonder who we are fighting.
Many Americans are scared of the rising tiger, China. But, this year they will spend only $78 billion on their armed forces, or about 1/10th of what we will.
The country with the biggest GDP, also spends the biggest percentage of their GDP on defense. Does this mean that not only do we have the most to guard, but we are the most inefficient in doing so?
So, why aren’t the deficit hawks paying closer scrutiny to our national defense spending? Oh, maybe there’s a military base or arms manufacturer located in their district?
Perhaps Kentucky Republican Senator Jim Bunning could keep his pay-as-you-go principles by suggesting a 15% cut in defense spending?