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Old 05-29-11, 09:25 PM   #1
Onkel Neal
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Join Date: Jan 1997
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Default America can be a superpower or a welfare state, but not both.

...and being a welfare state is a bad option.

Quote:
Mr. Gates knows well that America won't balance its budget by squeezing the Pentagon. "If you cut the defense budget by 10%, which would be catastrophic in terms of force structure, that's $55 billion out of a $1.4 trillion deficit," he told the Journal's CEO Council conference last November. "We are not the problem."

So what is? Mr. Gates acknowledged it only in passing this week, but the reality is that the entitlement state is crowding out national defense. Over two decades ago, liberal historian Paul Kennedy claimed that "imperial overstretch" had brought first the Romans, then the British and now Americans down to size. He was wrong then, but what's really happening now is "entitlement overstretch," to quote military analyst Andrew Krepinevich.
http://online.wsj.com/article/SB1000...pinion_LEADTop
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