Obama administration cutting defense 1 hour ago
Dangerous situation already thanks to Obama policies/actions just got worse **
IMPACT OF OBAMA DEFENSE CUTS Video from Frank Gaffney before the election
“Dick Cheney is clearly right in saying that between the court decisions about terrorists and the administration actions, the United States is running greater risks of getting attacked than we were under President Bush.” NEWT GINGRICH, April 6, 2009
CALL ME CRAZY, BUT I THOUGHT DEFENSE SPENDING WAS 1) LOWER NOW AS A % OF GDP THAN IN YEAR’S PAST, 2) DEFENSE SPENDING HELPS PROTECT OUR COUNTRY, 3) DEFENSE SPENDING CREATED JOBS AND STIMULATED THE ECONOMY?
MOST NOTEWORTHY: Obama budget versus Reagan’s approach
“It’s not as if you can’t stimulate economic growth while at the same time cutting government spending. President Reagan did it. Reagan adopted budget cuts soon after he entered office equal to close to 5 percent of the federal budget at the time. Even with his defense buildup, total federal spending declined from a high of 23.5 percent of GDP in 1983 to 21.3 percent in 1988 and 21.2 percent in 1989. That’s a 10 percent real reduction in the size of government relative to the economy. Reagan’s policies conquered inflation and started a 25-year period of economic growth, which would look awfully good today.”
Added 4.7.09: ENSURING AMERICA’S DECLINE **