Thread: Economics Federal Gov has a surplus in Jan., Budget deficit cut in half from last Jan. deficit.
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Old 02-21-2013, 12:25 PM   #95
patteeu patteeu is offline
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Quote:
Originally Posted by J Diddy View Post
Nobody said it was. It's also not an eternal bog that you keep endlessly throwing money into because you can. It, just like everything else, should have limits. Those limits have been passed a ways back.
Defense spending has been declining as a share of the budget and as a share of GDP for the past several decades. Meanwhile, entitlement spending (and the cost of the debt) is exploding. Cutting the defense budget in order to fund domestic programs that aren't essential, is foolish, particularly when it's coming from people who haven't even figured out why we have a fiscal problem in the first place.
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