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Tuesday, October 23, 2007

"Commonsense" and Our Two Never-Ending Wars

Timothy V. Gatto
October 21, 2007

Let’s say that your family spent 50% of your income on mortgage or rent. Would a financial advisor tell you that your spending was way out of line? If 50% of your take home pay was for any one thing, it wouldn’t take long for you to end up in financial trouble now, would it? It doesn’t take a rocket scientist to figure that out, all it takes is a little common sense.

Now, if I told you that almost 50% of the Unites States tax receipts went to military spending, would you think me a liar? Well I would be, because it’s more than 50%. Ask yourself why, when we have a friendly nation to our north and a friendly nation to our south and an ocean to our east and one to the west, and a missile system and an Air force that could knock out an invading navy without a problem, then why are we spending half of our budget on military expenditures?

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