Monday, August 23, 2010

An economist looks at Defense Spending graphs

CSBA has been looking at the 2011 Defense budget ... let's join them.

Our spending on national defense is "unsustainable" and "our of control?" Really? Really?

No, it just isn't a priority for some. It is that simple. Just a simple graph answers all your questions. All else is political spin and posturing.


Oh, and the economist in me says, "With lower-highs and lower-lows - you are heading to about 2.2% GDP on National Defense by 2022-24."

I call them the "Terrible 20s" for a reason.