Defense spending is higher now than it was during the Korean or Vietnam conflicts and may soon be twice the Cold War average. The end of the Cold War resulted in that rarest of all things: real cuts in the Pentagon budget.
Nothing unites our political class like the threat of ending our never-ending war
The major powers are planning for war and claim that's the best way to defend against war. Will this mutual hawkishness lead to armed conflict?
The Pentagon and the White House focus on the core Defense budget, but that’s not the half of it. Much attention will focus on Social Security and Medicare, which have been flashpoints lately. Buy if coverage in years past is any guide, we can expect stories from many news outlets that will significantly understate a third huge slice of spending the real costs of military and other national defense spending.
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