Tuesday, July 16, 2013

The Defense Budget Is Even Larger Than What You Think

MC2 Travis Alston / U.S. Navy

Cooked Books Tell Tall Tales -- Winslow Wheeler, Battleland/Time

The Defense Budget Is Even Larger than You Think: Part one of two.

The Pentagon’s budget has increased, over time, much more than the Defense Department tells Congress, and the public.

The vast majority of people in Washington who consider themselves experts on the defense budget also have little idea just how large the increases have been.

Using standard, generally-accepted economic measures to keep the value of dollars spent over time on an equal footing,

But except for the final three years of George W. Bush’s presidency, President Obama’s pending military-budget request is larger than any other president’s defense budget, in war or peace, since the death of Franklin Roosevelt in April 1945.

Read more ....

My Comment: If the defense budget is as big as the author claims .... then the next question begs an answer .... where is all the money going?

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