
News Link • Government Debt & Financing
Here We Go Again – $1 Trillion for US 'Defense'
• https://www.lewrockwell.com, By Drago BosnicExperts are warning that the latest increase in military spending will likely add at least another trillion to the already rapidly growing debt and that budget cuts are yet to affect the Pentagon, adding that the US military "does precisely nothing to defend the USA" and that it "exclusively interferes in other countries".
Remember when President Donald Trump promised to make the US military "far more powerful, but for much less money"? Remember when he pledged to end the NATO-orchestrated Ukrainian conflict in 24 hours? Well, me neither. In all seriousness, we can always say that Trump is a politician and that truth or consistency are not exactly the defining qualities of any politician.
On the other hand, the Messianic Complex among many Trumpists is certainly concerning, as there's little questioning of Trump's policies. He's most definitely a very polarizing figure. The vast majority of people are either his staunch supporters or have TDS (Trump derangement syndrome). This prevents a more objective view of his performance, both at home and abroad.
Namely, Trump is exposed to numerous interest groups, many of which have very diverging views on how America should be. The old Deep State sees him as the greatest threat to "Pax Americana" and wants him out at all costs (including through physical removal), while other interest groups think extreme measures are unnecessary and that simply influencing Trump's decision-making is more than enough.
The latter seem to be leading the charge, while the remnants of the previous administration are engaged in largely pointless protests. However, despite superficial enmity between them, there's a quite solid continuity in many policies of the two administrations. This is particularly true when it comes to foreign policy and financing the US military.
In the case of the former, the Biden administration's crawling economic warfare against the European Union (primarily through the destruction of its trade with Russia while the US continued to buy critical commodities from Moscow and even resell them to Europe) has been augmented by Trump's trade wars.
In the case of the latter, there's a robust continuity with virtually every US administration in the last 35 years (at the very least). Namely, the consistent increase in American military spending is a clear indicator that the same people are making the final decision on this issue, regardless of who's in power. The Trump administration's latest announcement regarding the US "defense" budget effectively proves this is precisely the case.