Posts tagged ‘federal debt’

October 22, 2014

Defense spending has more than tripled since 1998

by Ben Hoffman

During the 2000s, we had an economy based almost entirely on massive defense spending, which put our country deep in debt. And what exactly do we have to show for it, other than 1000s of graves and 10s of thousands of wounded veterans? The war in Iraq created ISIS/ISIL, and fighting them is costing billions more.

Republicans voted to increase defense spending despite the Pentagon advocating for spending cuts. Republicans receive a lot of donations from the military industrial complex, which explains it. Their policies are driven almost entirely by who will fill their coffers.

Democrats receive a lot of money from the MIC, also, but they’re not nearly as corrupt and don’t tailor their policies to big money donors.