{"id":984,"date":"2013-02-13T16:26:01","date_gmt":"2013-02-13T22:26:01","guid":{"rendered":"http:\/\/peaceeconomyproject.org\/wordpress\/?p=984"},"modified":"2013-02-13T16:26:01","modified_gmt":"2013-02-13T22:26:01","slug":"sequestration-cuts-to-defense-are-puny-wont-hurt-economy-or-security","status":"publish","type":"post","link":"https:\/\/peaceeconomyproject.org\/wordpress\/sequestration-cuts-to-defense-are-puny-wont-hurt-economy-or-security\/","title":{"rendered":"Sequestration: Cuts to Defense Are Puny, Won\u2019t Hurt Economy or Security"},"content":{"rendered":"

by John Glaser, Antiwar.com
\nFebruary 12, 2013
\nclick here for original article<\/a><\/p>\n

Via Matthew Feeney at Reason<\/a>, The Washington Post<\/em> has some nice charts up about US \u201cdefense\u201d spending<\/a>.<\/p>\n

The first illustrates the oft-quoted factoid that the US spends as much on defense as most major countries in the world combined.<\/p>\n

\"4A8078449E794DFB8CC33ADD00A6F1AF<\/p>\n

It\u2019s a powerful image that really undercuts those in Washington<\/a> who perpetually inflate<\/a> the threats we face<\/a> abroad (and sometimes simply invent them<\/a>). But note the measurement of US military spending is the more traditional amount acknowledged in federal budgets. Broader measurements<\/a> which take into account all kinds of spending on the national security state put the number at about $1 trillion or above<\/a>.<\/p>\n

Putting this graphical\u00a0dichotomy into context, most politicians from both parties have been screaming bloody murder (no pun intended) about the relatively minor cuts to defense included in the sequestration deal.\u00a0The worst case scenario for the Pentagon budget is about $500 billion in cuts over the course of ten years. Which isn\u2019t really a cut at all \u2013 it\u2019s\u00a0a reduction in the rate of growth<\/em>\u00a0in defense spending.<\/p>\n

And that might even be putting it generously. As Feeney notes, the Mercatus Center\u2019s Veronique de Rugy<\/a>\u00a0has crunched the numbers and concludes<\/a>, \u201cAfter sequestration, the FY 2013 defense budget will be comparable to its FY 2006 level (in real terms).\u00a0Adjusted for inflation, over the next ten years, the spending is projected to remain relatively constant.\u201d<\/p>\n

The next graph specifies how Washington allocates its defense dollars and shows that, as Feeney writes, \u201cengaging in war happens to be expensive. \u201d<\/p>\n

\"defensechart<\/p>\n

The minuscule defense cuts being contemplated could easily target areas of waste. The major source of growth in annual defense budgets since 2001 has been mostly due to the wars in Iraq and Afghanistan, much of the rest has been spent on\u00a0wasteful superfluous weapons technology<\/a>, bloated\u00a0salaries and benefits<\/a>\u00a0plans, and expensive peacetime operating costs for the\u00a0900-plus military bases in 130-plus countries around the world<\/a>.<\/p>\n

\u201cBut what about jobs!?\u201d ask those unwilling to cut. Well, defense spending is not a jobs program. At least, it\u2019s not supposed to be. As far as the health of the economy is concerned, defense budgets are a net drain<\/a>.<\/p>\n

Via the Cato Institute\u2019s Malou Innocent<\/a>, this study<\/a> from the Center for International Policy finds that \u201cPentagon spending is an especially poor job creator\u201d compared to \u201cvirtually any other use of the same money, from a tax cut to investments in infrastructure to spending on education.\u201d<\/p>\n

Warnings of doom to the economy, or to national security, are groundless scare stories coming from the groups of people who benefit most from the government\u2019s most lucrative and deadly welfare program.<\/p>\n","protected":false},"excerpt":{"rendered":"

by John Glaser, Antiwar.com February 12, 2013 click here for original article Via Matthew Feeney at Reason, The Washington Post has some nice charts up about US \u201cdefense\u201d spending. The first illustrates the oft-quoted factoid that the US spends as much on defense as most major countries in the world combined. It\u2019s a powerful image […]<\/p>\n","protected":false},"author":1,"featured_media":985,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"nf_dc_page":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[8],"tags":[166],"class_list":["post-984","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-defense-budget"],"acf":[],"aioseo_notices":[],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/peaceeconomyproject.org\/wordpress\/wp-content\/uploads\/2013\/02\/defensechart.jpg?fit=606%2C584&ssl=1","jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/peaceeconomyproject.org\/wordpress\/wp-json\/wp\/v2\/posts\/984","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/peaceeconomyproject.org\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/peaceeconomyproject.org\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/peaceeconomyproject.org\/wordpress\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/peaceeconomyproject.org\/wordpress\/wp-json\/wp\/v2\/comments?post=984"}],"version-history":[{"count":1,"href":"https:\/\/peaceeconomyproject.org\/wordpress\/wp-json\/wp\/v2\/posts\/984\/revisions"}],"predecessor-version":[{"id":986,"href":"https:\/\/peaceeconomyproject.org\/wordpress\/wp-json\/wp\/v2\/posts\/984\/revisions\/986"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/peaceeconomyproject.org\/wordpress\/wp-json\/wp\/v2\/media\/985"}],"wp:attachment":[{"href":"https:\/\/peaceeconomyproject.org\/wordpress\/wp-json\/wp\/v2\/media?parent=984"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/peaceeconomyproject.org\/wordpress\/wp-json\/wp\/v2\/categories?post=984"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/peaceeconomyproject.org\/wordpress\/wp-json\/wp\/v2\/tags?post=984"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}