You are currently browsing the tag archive for the ‘spending’ tag.

It takes an economist to move me to write. I’m listening to NPR this morning after dropping the kids with their grandparents and on comes a Bank of America economist. He begins to bemoan the largest deficits this country has ever run in peacetime.

Get it? Peacetime. 

Last I checked, the US military was active in two countries that, while few people prefer to use the term “at war,” can not be described as peaceful: Iraq and Afghanistan.

I guess they fed the kool-aid to the “economists” as well as the risk managers at BofA. Maybe they should check back into the reality-based community once in a while.

But what’s equally maddening is that the NPR reporter seemed to let the “peacetime” comment pass without, uh, comment. Journos love to bring on the experts when they need perspective, but they don’t always like to ask the experts tough questions. That would just complicate things.

Advertisements

Under increasing pressure, John McCain today released a detailed plan outlining how he would pay for the United States’ continued military presence in Iraq.

The Republican presidential candidate has come under fire recently for proposing expensive foreign-policy solutions but not offering a way to pay for them.

You’ll immediately note how absurd that sounds. Who’s asking McCain to come up with a way to pay for foreign military adventures? No one. It’s a given that we pay for them, even if we have to borrow every last penny from China and Japan. Don’t expect Barack Obama to get the same pass when the question of health care, mortgage assistance, unemployment benefits or any other sort of domestic program comes up.

Military adventures, no matter how worthwhile or necessary to public safety they may be, cost money. Why don’t reporters and voters ask how we pay for those with the same intensity and knee-jerk persistence with which they demand comprehensive plans for domestic spending?

Asking how you pay for something isn’t the same as questioning whether it’s worth having, although our elected leaders often try to make people think they are.

It’s an interesting double standard, no?

Advertisements