Extraordinary Defense Spending
I am troubled and seriously concerned by a news story I heard this morning on NPR. This isn’t exactly a surprise, because it’s no real secret that things have been getting out of control. Nonetheless the actual figures are staggering. While the story was about defense spending, the real issue is runaway government spending, and the serious economic trouble we may be getting into. I don’t like to be one to run around saying the sky is falling. There hasn’t been any really serious economic depressions since the great depression, and while there are a number of economic stabilizers now that didn’t exist then, that doesn’t mean the economy is never going to crash.
Anyhow, no matter what your political stance or stance on the war on terror, Continue reading