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News Link • Government Debt & Financing

End of Military-Industrial Hegemony?


DC debt panels' defense cuts are deeply flawed, says FPI Executive Director Jamie Fly and Policy Advisor John Noonan ... Some of the cuts contained in the two reports, including proposals to seriously rein in entitlement spending and simplify the tax code, will be welcome news to fiscally conscious Americans. But the defense proposals are deeply flawed. There is no mention of America's international responsibilities and no reference to national strategy or our obligations to our allies. The defense programs selected to be cut appear arbitrary. And though these cuts are modest in terms of the overall federal budget, if implemented, they could have serious consequences for both U.S. foreign-policy objectives and national security for decades to come. – The Foreign Policy Initiative (FPI)

Dominant Social Theme: We need new solutions to ensure the Anglo-American axis remains on top.

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