A smaller America could be a stronger America

Sunday, August 28, 2011 |

http://blogs.reuters.com/nader-mousavizadeh/2011/08/25/a-smaller-america-could-be-a-stronger-america/


Some quotes from the article:

"A country that employs more than one million people within its intelligence community, and still is surprised by the Arab Spring, is not being efficient with its resources. Waste and corruption are endemic to any enterprise of this size – and the U.S. military-industrial complex has been no exception."

"Seen over a ten-year span, federal revenue has largely stayed constant, rising from $2.02 trillion in 2001 to $2.17 trillion in FY 2011. Expenditures, meanwhile, more than doubled from $1.85 trillion to $3.82 trillion producing a deficit this year of $1.65 trillion."

"Defense expenditure over the same period has risen from approximately $300 billion in the year prior to 9/11 to $700 billion in FY 2011, and the figure is hundreds of billions higher if military spending outside the Defense Department is included. The total costs (estimated and very likely low-balled) of the Wars of 9/11 in Afghanistan and Iraq now stands at some $1.5 trillion, financed of course entirely by deficit spending. The result is that the U.S. now spends more on its defense budget than all other countries combined."

We need serious spending cuts and not a single department or program should be safe from the axe.

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