Quote:
Originally Posted by sperry
I'm not saying military spending is causing a recession, but massive reduction of military spending could put a bunch of money back into our pockets which does help the economy. 'Course, I've never been a fan of cutting military spending, not without guarantees for troop safety and national security. i.e. I wouldn't cut the military's budget without first getting out of the middle east and repairing our image in the world. My point is just that military spending is downright MASSIVE when compared to the rest of the gov't budget.
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The reduction in military spending will have a negative effect on "our pockets." Why? Because we're using magical money that nobody is actually paying in taxes to fund it, whereas the spending by the government goes to people and businesses who are just as much part of the economy as you and I. (Let's not go down the path of just
exactly who is getting
exactly how much of that pie.) That said, is our military budget too big? Yes and no. It's bigger than it needs to be because it's not generally spent very well. On the other hand, military spending isn't an economic decision. If the military is out fighting for something we should be fighting for, then it costs what it costs. But if we're not the good guys in white hats, then none of it is justified. Our economic issues are not simple enough to be distilled down to one or three simple things, but the massive deficit spending under the last 3 Republican presidents has been a bigger cause than anything else. I don't understand how anybody thinks that conservatives are automatically the wiser fiscal policymakesrs when for almost 3 decades, they're the ones doing the most damage by not taxing appropriately for what they think we should spend.