Thursday, July 23, 2009
Break the Nation
Barack Hussein Obama heralded the cost savings of the elimination of the F-22 as an example of his sound management that will enable him to fund universal care during his speech last night. The reduction of spending on seven stealth airplanes is quite modest when measured against the budget as a whole. In fact, if Obama eliminated defense expenditure all together, he could not come near making up for the massive existing government obligations of servicing the national debt, paying for existing entitlement programs, and funding the envisioned national care scheme. "Yes we can" save quite a bit by ridding ourselves of defense research and development, procurement, dispensing with the army, navy, air force, and marines, but that would still not close the gap engendered by the mammoth deficit, and Obama's throwing what is becoming progressively worth less fiat currency into stimulus, at bailouts, and on a national health scheme. We would not have a military and soon would have no nation.
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