Thursday, January 26, 2012

More Window Dressing

Defense Secretary Leon Panetta has proposed a plan to cut "nearly a half-trillion dollars" from the U.S. offense defense budget.

Over a ten-year period, naturally (what is it with the magical ten-year number?).

Pffft -- please!  Enough with the sham cuts already!  $500 billion in "cuts" over ten years is $50 billion per year.  That's less than 10% of the current annual offense defense budget.  I've said it before, so I won't belabor the point:  a 10% cut in offense defense isn't enough to stop the train wreck in the making that is U.S. federal spending.

Call us back, Panetta, when you come up with some real cuts.

1 comments:

Lonnie Bissmeyer said...

I don't think even completely eliminating defense would help. $700 billion is nothing compared to the debt nowadays.