The Military/Security
Complex Is Bankrupting America
The Military/Security Complex Is Bankrupting
America
Corrupt
politicians and neoliberal economists tell the lie that America cannot afford
Medicare and Social Security. How then can America afford the $1.1 trillion
annual military/secrity budget?
Even With State Dept Cuts, Overseas Spending Continues
to Rise
Posted on
The most recent figures related to President Trump’s
proposed increases in Pentagon spending, along with cuts at the State
Department, show the general national security budget of the United States
rising once again, with the 2018 proposal in the ballpark of $1.1 trillion.
Needless
to say, that’s the biggest military budget on the planet by a far measure. As
the figures are broken down into their component parts, however, it becomes particularly shocking just how
money is disappearing not just into the general war-fighting budget, but into
related costs of having such a massive military for so long.
For interest, Veterans Affairs is expected to eat up
$183.5 billion, which by itself comes very close to being the second largest
military budget on the planet, just behind China’s $200 billion overall cost
for its vast military. Figuring in other retirement costs, the cost of retirees
is even bigger.
This $1.1 trillion also includes over $112 billion
that just represents the interest on the military’s share of America’s massive
national debt. This interest alone would be more than the cost of NATO’s next
two largest member nations’ militaries, Britain and France.
Even cuts in international affairs don’t really put a
debt into how much the cost of everything else is rising, and with plans for a
massive modernization scheme related to America’s massive nuclear weapons
arsenal, the $21.8 billion nuclear weapons expenses for 2018 could easily
explode manyfold, with the expectation that they’ll dump well over $1 trillion
just in the modernization scheme over the years to come.
The costs of retirees and debt are likewise things
that could rapidly grow out of control, as increases in the amount being spent
on fighting in the present inevitably leads to even more retirees and an even
vaster debt to service.
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