Monday, March 2, 2009

Declining Defense

For all of his lavish new spending plans, President Obama is making one major exception: defense. His fiscal 2010 budget telegraphs that Pentagon spending is going to be under pressure in the years going forward.

The White House proposes to spend $533.7 billion on the Pentagon, a 4% increase over 2009. Include spending on Iraq and Afghanistan, which would be another $130 billion (or a total of $664 billion), and overall defense spending would be around 4.2% of GDP, the same as 2007.

Yes, we're living in Bizarro World. We'll increase spending welfare programs that keep people on the dole and decrease the money we spend to protect them (and all the rest of the nation). Bizarre.

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