corysub
Posts: 1492
Joined: 1/1/2004 Status: offline
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quote:
ORIGINAL: Hippiekinkster Good. I didn't vote for Obama so he could continue the failed Bushevik schemes. Somewhere around here there's a thread on "Military Keynesianism" which is the real reason the US is so fucked right now. Over half of our GDP and most of the borrowing went to the military-industrial complex, which is the biggest pork barrel the world has ever seen, by far. I don't think the number you cite of "half of our GDP" went to the military-industrial complex". I think you might be off by ..... about ten times or more. I might be wrong, but I believe the defense budget represents about 4-5% of GDP. versus closer to 1% for Japan..and not much more for most of Europe where I don't think anyone spends as much as 2%. As far as "most of the borrowing" going to the military-industrial complex, again, correct me if I am wrong, but that sounds like "double counting" to me since the government "borrows" to pay for expenditures....so that money is already counted in the budget. However, it could be how economics is taught at college these days by liberal, anti-military professors molding the minds of young kids to believe anything coming from their elequent lips. Just look at how many young ones were mesmerized by the elequence of Barack Obama and really believe that he signed a Stimulus Bill..marching unthinking robots, like army ants following the pheromone odor of the ant in front of them. Therefore, send not to know For whom the bell tolls, It tolls for thee.
< Message edited by corysub -- 2/20/2009 3:14:22 AM >
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