Category Archives: Beavernomics

The Defense Budget Is Foreign Aid

Paul Krugman’s “Eat The Future” column brings out some interesting statistics on spending cuts that we the wee people want,

That’s the lesson from a new survey by the Pew Research Center, in which Americans were asked whether they favored higher or lower spending in a variety of areas. It turns out that they want more, not less, spending on most things, including education and Medicare. They’re evenly divided about spending on aid to the unemployed and — surprise — defense.

The only thing they clearly want to cut is foreign aid, which most Americans believe, wrongly, accounts for a large share of the federal budget.

Like stashing nuclear weapons research in the Education Department to obscure the fact that it is defense related spending, Defense spending in foreign nations to maintain troop levels and facilities using local, non American labor, has a multiplier effect in all 200 odd nations that the empire benign democratic grandfather has operations in.

That is US taxpayers subsidizing foreign nations under the guise of maintaining the empire Pax Americana.

There is some logic in having Australian shipyards fabricating Naval vessel hull components and assembling those components somewhere else so as to confuse magnetic signatures, if we ever get into another war like WWII, which according to the nuclear doctrine of MAD shouldn’t happen, but who knows, maybe some nation spending a tenth, or hundredth, of what the US does for defense will think to themselves, “Hey! We can do this!”

Which is why we need to cut Pell Grants and such, because college kids might notice this stuff and say, “WTF!”

All I Want Is The Truth

About why Secretary Paulson asked for seven hundred billion dollars:

“It’s not based on any particular data point,” a Treasury spokeswoman told Forbes.com Tuesday. “We just wanted to choose a really large number.”

Well they’ve been pulling cash out of thin air so why not pull numbers out of their asses?

Gee Wally, skepticism is starting to fade to cynicism YA.