Monday, February 20, 2012

Is the Military-Industrial Complex Invincible?

Apparently it is, despite warnings from Dwight Eisenhower:


Today we are living Ike’s nightmare.  Defense spending is not just one of the most sacrosanct parts of the budget but also one of the largest and most inscrutable. Adjusting for inflation, military spending has grown for an unprecedented 13 consecutive years and is now higher than at any time since World War II. Even excluding war costs, the military baseline budget has grown by about 50 percent during the last decade.

Yet the faintest suggestion of a plan to reduce the rate of the defense budget’s growth inevitably triggers dire warnings that Americans will soon be speaking Russian, Chinese, Arabic, or the mother tongue of whoever is deemed the most powerful adversary of the moment.

This is a lesson in the difficulty of shrinking spending in the US.

For information about global spending on the military click here.