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Harryk

wrote:
On Fri, 22 Apr 2011 07:18:41 -0400,
wrote:

We should be concentrating on cutting back our miiltary expenditures
drastically, to the tune of $100 billion a year, until we are down to a
reasonable level. Half those savings can go to reducing the deficit and
half can go towards funding needed social programs. That, and a serious
tax increase on the wealthy, and we'll be out of the hole.

I agree we spend too much on the military but if you cut it to zero,
it would only cover half if the deficit. There are not enough rich
people to make up the other $700B.

You think all the deficit has to be paid down in one FY? I'm suggesting
we cut the Pentagon by $100 billion a year until we're only spending
$100 billion a year on the military, and using the savings to pay down
the deficit and fund needed social programs and infrastructure
rebuilding *and* increase income by making the wealthy pay a fairer share.