Why The Neutralist? The term Isolationist implies a narrow Fortress America outlook and is used as an epithet. The term Neutralist does not indicate someone hiding out from the world. No one calls the Swiss isolationists. The Wilsonian world view is old, tired and wrong. Our interventions have been less and less successful and now the failure can no longer be covered up.
Wednesday, April 06, 2011
Neutralist slam dunk by Mish!
What About Defense Spending?
Can we really be serious about tackling the deficit while doing nothing about defense spending? I think not, and Ryan wimps out big time by failing to address it.
The United States spends more on defense than the rest of the world combined. We have troops in 140 countries. Yet, the simple fact of the matter is the US can no longer afford to be the world's policeman.
If other countries want our troops, perhaps they should pay us. However, it would be better yet if we would simply leave on our own accord.
As long as we are packing our bags, we should pack up and leave Iraq and Afghanistan. It's time to declare the wars are won and leave.
If we do that, and pull some troops home, it should be an easy matter to cut $200 billion a year out of the defense budget. That would save $2 trillion over 10 years. Actually I think we should cut far more, but I am hoping to come up with a number that has a chance.
Thanks, Mish. It is to the point and not arguable by anyone sane.
It's lonely being the neutralist, but sometimes someone else says the right thing and we feel better.