Could A Looming Fiscal Crisis Doom America's Military Edge? - Share about war news

Loren B. Thompson, National Interest: How A Looming Fiscal Crisis Could Doom America's Military Edge

The problem with defense professionals is that defense is all they think about. Other than spending time with the family and catching a football game on the weekend, they're all about war. So things that impinge on their profession from outside the military realm often come as a colossal surprise.

The Budget Control Act is a case in point. Anybody who follows U.S. politics realizes that defense is a sideshow in the struggle for power. The big divide is between those who favor taxes and entitlements, and those who oppose them. But if you aren't tuned into that debate, then you probably won't be prepared for what developments such as the Budget Control Act mean for your plans.

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WNU editor: When the Soviet collapsed .... the economy collapsed with it, followed by the military. The same could happen with the U.S.. If the economy collapses .... say goodbye to new weapons programs, research, and procurement.

from War News Updates http://warnewsupdates.blogspot.com/2016/08/could-looming-fiscal-crisis-doom.html- Share about war news

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