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Tuesday, February 2, 2010

As 20 million Americans struggle with unemployment and 40 million depend on food stamps, President Obama’s exhortation for “America to make painful choices” and to “live within its means”, must sound rather sickening. The president’s budget announcement calls for “austerity” in “discretionary spending” such as education and healthcare, but this frugality is not extended to the American military.
While Obama makes a big deal about earmarking $100 billion to tackle unemployment, a much understated but much bigger deal is the allocation of $160 billion for America’s wars in Iraq, Afghanistan and Pakistan. Combined with the regular Pentagon annual budget, that puts US total spending on “defence” (meaning aggression) at $710 billion over the next year – 700 per cent more than what it will spend on creating jobs 

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