Tag: military spending

The Military and the Fiscal Cliff

As 2012 winds down, we are hearing hourly about the fiscal cliff that the U.S. economy is approaching if our current do-nothing Congress can’t reach a deal on taxes and expenditures.

While much of the present focus is on not raising any new tax revenue and cutting entitlement spending, an overall concept of a budget for the entire U.S. government seems to be seriously absent.

The current fiscal cliff crisis, if you wish to call it that, is two philosophies, left and right, banging heads while no one in Washington attempts to see the bigger picture.

One area which I believe needs further investigation, as well as a reasonable long term plan for what we wish to accomplish, is defense spending.