No, military spending is not bankrupting us
By Robert J. Samuelson
Columnist
July 28 at 6:41 PM
The military-industrial complex isn’t bankrupting us — though some on the left still cling nostalgically to the belief that it is. It’s fiction. We need to be clear about this. As I’ve written before, one of the great uncovered stories in Washington is the defense budget vs. the welfare state. Defense is getting drubbed, exposing us to long-term risks.
Whether this lesson takes hold in the campaign is unclear. The omens aren’t good. The latest anti-Pentagon tirade comes in a recent issue of the New York Review of Books by Jessica T. Mathews, former president of the Carnegie Endowment for International Peace. It’s headlined “America’s Indefensible Defense Budget.†Here are some of her conclusions.
“Defense spending crowds out funds for everything else a prosperous economy and a healthy society need.â€
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