What we should NOT be paying for.

Thank you, Barry Ritholtz, for telling it like it is.

“We wouldn’t be in this crisis of hitting the debt ceiling in the first place if we hadn’t spent so much money on unnecessary wars … which are horrible for the economy.

But it goes far beyond actual fighting.  We could easily slash the military and security budget without reducing our national security.

We wouldn’t be in this crisis of hitting the debt ceiling in the first place if we hadn’t spent so much money on unnecessary wars … which are horrible for the economy.

But it goes far beyond actual fighting.  We could easily slash the military and security budget without reducing our national security.

(Even in the middle of the government shutdown, the CIA is ramping up covert training program for Syrian rebels.)”

Terrific article with many, many citations.

And B.R. is correct.  His post is titled “Military Waste and Fraud are the Main Cause of Our Problems.”  From Wikipedia:  “The U.S. Department of Defense budget accounted in fiscal year 2010 for about 19% of the United States federal budgeted expenditures and 28% of estimated tax revenues. Including non-DOD expenditures, military spending was approximately 28–38% of budgeted expenditures and 42–57% of estimated tax revenues.[citation needed] According to the Congressional Budget Office, defense spending grew 9% annually on average from fiscal year 2000–2009.[30]

According to Snowden leaked NSA documents, the total black budget alone is almost $53Billion.  Which is not part of DoD.

Keep in mind, total US federal spending is around $3.5 Trillion.  Which makes the black budget seem not such a big deal.  But it is.  It all adds up.

And these lists of costs can’t even begin to estimate the biggest loss.  Loss of our soldiers and their contributions.  Not just those killed in war or its aftermath (the 23 suicides per day!!,) but also the loss of productivity from those gone from home, the losses caused by families disintegrating due to repeated deployments, the losses due to permanent physical and emotional damage to those fighting.  And that includes the contractors, not only our enlisted forces.

Make love, not war.

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