US debt crisis. Let's discuss about it here. Shoot your opinions.

[Aramike]

Originally Posted by gimpy117

Our defense spending has the be reigned in. Its totally unwarranted in my opinion. We still spend like the cold war is on.

Defense spending IS high, and should be examined and reduced if possible ... but only AFTER we look at entitlements first.

What a lot of people do not understand is that defense spending is productive spending. It creates jobs, industry, research, etc. Any reduction puts people out of work but in the private industry and in government service.

It's chic to attack defense like we'll just save extraordinary amounts of money, but one must not forget the revenue we'll lose as well.

Our problem is non-productive spending (ie entitlements).