Saturday, April 30, 2011

Radical Plan to Cut Military Spending and Help Balance the Budget

"My long held belief is the US cannot afford to be the world's policeman. Moreover, I question whether it is wise to pursue such a policy even if we could pay for it. Regardless, it is beyond absurd to leave cuts in defense spending off the table when the budget deficit is $1.5 trillion.

The US has troops in 140 countries. Admittedly many of those are small operations. However, why should the US be meddling in the affairs of those countries in the first place?

The US has 150,000 troops in Europe and Asia. Why? The cold war is over, the odds Europe will be invaded by Russia close to zero, and even if the odds are higher, why should it be US troops and US expense protecting Europe?

The question I have had is what would a massive pullback in troop levels save? Courtesy of Foreign Policy magazine, today I have an answer.

Please consider A Radical Plan for Cutting the Defense Budget and Reconfiguring the U.S. Military by retired Col. Douglas Macgregor..."

at http://globaleconomicanalysis.blogspot.com/2011/04/radical-plan-to-cut-military-spending.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MishsGlobalEconomicTrendAnalysis+%28Mish%27s+Global+Economic+Trend+Analysis%29

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