America has ‘reached the point of no return,’ Reagan budget director warns

Discussion in 'Economy' started by Bones, Jan 10, 2011.

  1. Bones
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    Bones VIP Member

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    Exclusive: America has ‘reached the point of no return,’ Reagan budget director warns | Raw Story


    Hold onto your hats, ladies and gentlemen. It's going to be a long, bumpy ride. The economic situation has reached critical mass.
     
  2. zzzz
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    zzzz Just a regular American

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    Why do we have to have soldiers and naval bases all over the world when we have the "reach" to hit anyplace within a few hours from the continental United States or subs? Do we really need to protect foreign countries from occupation when we are occupiers? Why do we still have 80,000 troops in Europe? Do we really need 11 carrier groups and all those ships? Is there really any crdible threat our navy? Aren't these ships really outdated and obselete in today's missile war? The war in the Falklands shows what aircraft and missiles can do to a navy vessel and todays missiles are far more deadly.

    But how do you move an entrenched rock? The military industrial complex has become entrenched in American society and is blanketed in patriotism. I daresay that this post will recieve criticism for just saying what I did but the facts are there. Do we really need a an almighty military and be nation building around the globe. Do we need over 400 military bases around the world, excluding Iraq and Afghanistan? Who are we fighting?
     
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  3. loosecannon
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    loosecannon Senior Member

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    Stockman has been sending this message for quite a while. The deficit reduction commission drew the same conclusions.

    But more entrenched than the military industrial complex is the propensity of Congress to spend money, more each year. They aren't gonna stop until they break us.
     
  4. Bern80
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    Bern80 Gold Member

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    No one has the balls to do anything major in Washington. No one is going to rock the boat. They are more concerned about re-election than doing what needs to be done.
     
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    Last edited: Jan 10, 2011
  5. CrusaderFrank
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    CrusaderFrank Diamond Member

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    The military is the problem? LOL The one expenditure clearly enumerated in the Constitution.
     
  6. Bern80
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    Bern80 Gold Member

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    Come on Frank. If us righties are serious about shrinking government then everything needs to be on the table. No sacred cows and that includes the military. And just because it's in the constitution isn't an excuse to be wasteful. We don't need to BE spendng billions building 'back up' jet engines that are never going to be used....even as back ups. We don't need one military base (or more) in a hundred plus countries. We can defend this country and not be the world police. If we want to make a meaningfUl dent in government spending then you have to start with the biggest pieces of the pie; Miltiary and entitlements.
     
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  7. Bones
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    Bones VIP Member

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    Nobody said that the military is the problem. The problem lies within how much is spent on the military, defense and the occupations of Iraq and Afghanistan, including the plethora of U.S. military bases operating around the world.

    Even if it is an expenditure enumerated in the Constitution, 663 billion dollars is overkill.
     
    Last edited: Jan 10, 2011
  8. Norman
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    Norman Gold Member

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    Yeah this is the truth. Obviously other kind of spending is problem as well.

    Anyway I don't even understand why these kind of drop in the water cuts are talked about much... 100 billion is nothing in the grand scheme of things. It is like 10% of military spending. And even then I am pretty sure that what it actually means is that they are not increasing the spending by that 10%.
     
  9. uscitizen
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    uscitizen Senior Member

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    Interesting since we started down the final trun on the road of no return under Reagan.
     
  10. loosecannon
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    loosecannon Senior Member

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    No the military is symptomatic of the problem. Cutting $78 billion, or 1/4 of 1%, of the military budget is the kind of drop in the bucket reform that will destroy us.
     

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