Thursday, December 13, 2012

no austerity at the Pentagon

"Fourth, leaders should compare the defense budget to that of previous decades and to those of other countries, particularly those of our current or potential enemies. Even after the $487 billion reduction, the United States will still account for 40 percent of the world's military expenditures and will spend more on defense than the next 15 nations combined, most of whom are our allies. Meanwhile, base -- or non-war -- defense spending is now higher than it was during the Cold War, adjusted for inflation. The country may be in a time of austerity, but the Pentagon is not."