Wednesday, November 30, 2011

Spending Priorities

[via LG&M]

It is true that cutting defense spending will cause job losses. This should surprise no one. What might surprise you is all the ways the money could be better spent, from the POV of job creation. And don't bother with the comments in the linked article, a lot of stupid, hateful right-wing blather.

My take is that I'd like to see money spent in the most efficient and productive ways possible. I have yet to be convinced that we need to spend as much as the rest of the world combined in defense. I am also not convinced that it is best for us to do so. I am not for making cuts to the Federal budget, nor do I favor net tax increases. However, if we are going to cut, let's cut where it hurts us the least.

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