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Friday, April 15, 2011

How the U.S. is like North Korea http://www.fpif.org/articles/how_the_us_is_like_north_korea

Most irrational country of all? US.But the most irrational country of all has been the United States, which was responsible for more than one-third of all military spending and 95 percent of the global increase in military expenditures last year. This remarkable news comes at a time of unprecedented budget deficits and a veritable fever of budget cutting on Capitol Hill.The Pentagon has promised to play well with others. Secretary of Defense Robert Gates has pledged $100 billion in cuts. But these turn out, on closer inspection, to be a mere shift in funds from overhead to acquisitions and ongoing operations. The Obama administration has asked the Pentagon to cough up another $78 billion in cuts over the next five years.But $15 billion a year, in an annual outlay of nearly $700 billion, amounts to little more than two percent – chump change for the Pentagon

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