Wednesday, May 19, 2010

A Cost Benefit Analysis On Defense

A Cost Benefit Analysis On Defense: "

Walker Frost wants to cut military spending:

Over the last decade, an admittedly small but most relevant sample
size, any correlation between military spending and the prosperity of
Americans, and non-Americans, seems negative. The relative slide in US
power has, if anything, been accelerated by excessive military spending
and record deficits. Our $900 billion budget is at least six times more than China’s defense spending, which is probably the greatest potential long-term counterbalance to US military dominance.

The
opportunity costs are the real killer here. Military spending alone
doesn’t necessarily detract from US power, though its irresponsible use
probably does. But think about what we could have done with all that
money, at time when unemployment hovers around 10%, budget deficits
(state and federal) are out of control, high-school graduation rates
are below 80%, and the US is ill-prepared for an impending energy and
environmental crisis. Like it or not, these are the issues that will
probably determine the fate of Americans and our national priorities.
Not terrorists.

He ends the post by asking:

Why hasn’t this become a bigger issue for conservatives? Shouldn’t they
be at the forefront challenging self-perpetuating, unnecessary
establishment spending that doesn’t empower the people?"

(Via The Daily Dish | By Andrew Sullivan.)