Decreasing Defense No Solution for Debt Disaster
Claude Berube /
Most Americans are growing frustrated with Washington’s out of control spending and inability to strengthen our economy. According to a recent Gallup poll, Americans identify federal government debt and terrorism as equal threats to our country. In a Pew Research Center poll, 38 percent of Americans believe that Obama’s economic policies have had no effect so far, while another 29 percent say his policies have made it worse. And according to Rasmussen Reports, a staggering 81 percent of Americans view the size of the national deficit as contributing to our country’s current economic condition. And according to Bloomberg News in just two years, the nation’s debt will exceed the annual gross domestic product (GDP). This has not happened since the 1940s when the country was emerging from the Great Depression and engaged in a world war in two major theaters of operation.
It is no wonder that Americans are voicing their justifiable concerns. As Americans, we have always valued the right to pursue economic freedom and opportunities safeguarded by a strong national defense. (more…)