Skybird |
01-06-12 08:39 AM |
I copy this over from another thread I started in ignorrance of this one:
American debt roughly equals the yearly GDP of the American economy, "white" debts (excluding hidden implicated costs from future debts that are already designed to arise from future pensions etc) mostly get fixed at a value beyond 15 trillion now. In other words: the US government and society runs on tic and not by its own savings and economic-financial self-maintenance. If the debts of the future that already are unavoidable from pensions becoming payed out for current employees get calculated into the formula, and I take the German example for such a calculation, these 15 trillions can be multiplied by a factor of roughly 3.5 .
It is in this light the announced plans for cutting the defence budget by just half a trillion over the next ten years must be seen. Army forces have grown from 482 thousand to 570 thousand in the past decade, and now shall be cut to 520 thousand and in the longer run probbaly to below 490 thousand. Asia gains more attention, probably at the cost of European employements. German media said the air force needs to expect the loss of several hundred manned aircraft, but I wonder if this vague hint is real or just got something lost in translation. The nuclear arsenal, still four times above what the latest treaties aim for, shall be more tailored and redcued, too, and the ability for cyberwarfare and drone warfare and operating by special forces should be increased, at the cost of conventionel forces.
I have read nothing about navy budget plans.
Health insurrance and pensions for vets are likely to be reduced sooner or later, too. Which is a shame when they risked their lives and lost their health.
This sounds all nice and well, but let'S face it: the size of the US military still is much much bigger than what the US could afford by its own wealth and economic power. This is countered by the question whether it is desirable to really reduce the US military to a state of conventionel global impotence, eventually.
It is a dilemma, and I have no answer to it.
http://www.washingtonpost.com/world/...y.html?hpid=z4
http://www.nytimes.com/2012/01/06/op...n.html?_r=1&hp
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The rest of the world lies as well. Do not believe it either.
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