Talk is ramping up in Washington about the need to cut Federal government spending despite the facts that total government spending in the U.S. is already declining due to draconian cuts at the state and local levels. And the talks persists despite the presence of 10% unemployment (or near it) with no foreseeable decline given … Continue reading Defense Spending Myths
defense spending
Why We Really Need to End the Empire: “We Can’t Cut Spending – Forbes.com”
Bruce Bartlett explains why a "balanced budget" for the US federal government is an impossibility. Unfortunately, most people who strenously object to the deficit and want a balanced budget simply don't understand the realities. They often confuse "millions" and "billions" (it takes 1000 millions to equal a billion). They further operate from greatly distorted ideas … Continue reading Why We Really Need to End the Empire: “We Can’t Cut Spending – Forbes.com”
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