Relevant and even prescient commentary on news, politics and the economy.

Romney’s Weird Plan to Decouple Military Spending From National Security Needs and to Tie It Instead to … GDP??

Romney’s plan calls for linking the Pentagon’s base budget to Gross Domestic Product, and allowing the military to spend at least $4 dollars out of every $100 the American economy produces.” — Defense spending to spike $2.1 trillion under Romney, CNN Money, May 10, 2012.) In a post here two weeks ago I noted that […]