G
Guns Guns Guns
Guest
Romney’s pledge to increase military spending by 4 percent of GDP would add at least $2 trillion to federal spending over 10 years.
That invalidates every specific cut he has proposed...
Even if you believe Mitt on the magically paid for, completely painless $5 trillion tax cut, adding in this specific commitment to spend more than ever before on our military puts us on the path to further future deficits.
The libertarian Cato Institute’s Benjamin Friedman expressed pointed skepticism:
“I don’t view it as a serious policy proposal. It seems like more of a talking point. What Obama said in the debate is true. It would add about $2 trillion in spending over a decade,” Friedman said. “It’s totally unclear where he would get the money to do this. Romney is not going to articulate exactly what he would do to get there, because it would almost certainly be wildly unpopular.”
Is it fair to say that at least on this one issue, military spending, that President Obama is more fiscally conservative than Mitt Romney?
“Yeah, sure,” Benjamin Friedman said. “I guess by definition, right? I mean, on this issue at least.”
http://www.thedailybeast.com/articles/2012/10/11/mitt-romney-s-military-budget-hypocrisy.html
That invalidates every specific cut he has proposed...
Even if you believe Mitt on the magically paid for, completely painless $5 trillion tax cut, adding in this specific commitment to spend more than ever before on our military puts us on the path to further future deficits.
The libertarian Cato Institute’s Benjamin Friedman expressed pointed skepticism:
“I don’t view it as a serious policy proposal. It seems like more of a talking point. What Obama said in the debate is true. It would add about $2 trillion in spending over a decade,” Friedman said. “It’s totally unclear where he would get the money to do this. Romney is not going to articulate exactly what he would do to get there, because it would almost certainly be wildly unpopular.”
Is it fair to say that at least on this one issue, military spending, that President Obama is more fiscally conservative than Mitt Romney?
“Yeah, sure,” Benjamin Friedman said. “I guess by definition, right? I mean, on this issue at least.”
http://www.thedailybeast.com/articles/2012/10/11/mitt-romney-s-military-budget-hypocrisy.html