Cross-posted from www.watthead.org.
Whether you support, find yourself wobbling in between or vehemently oppose (like me) the continued occupation of Iraq and the expanded occupation of Afghanistan, odds are you join me in the sentiment that Obama’s newly released $708 billion 2011 defense budget is not only obscene, but also represents a disastrous sense of fiscal priorities considering the current state of America. In fact, I am willing to bet my bottom dollar that if the veils of misinformation were removed, and American political dialogue shifted into the realm of the somewhat logical, most common Americans would agree with that sentiment of obscenity (especially our “fiscally conservative” brethren).
This new budget represents a historic high in military spending, even surpassing President George W. Bush who took us into the margins of the criminally insane with his post September 11th defense budgets. Yes that’s right- our new visionary and “progressive” president is throwing more dollars at the Pentagon than good ole W. In fact Obama’s 2011 budget is the largest proposed defense spending since World War II.
According to the Center for American Progress, this proposed spending represents a 3.4% increase from the 2010 fiscal year baseline defense spending, and an increase of $173 billion (36%) from just five years ago. A new study by The Center for a New American Security puts the numbers in perspective by estimating that after adjusting for inflation, Obama’s new budget is 13 percent higher than the defense budget at the peak of the Korean War, 33 percent higher than at the peak of the Vietnam War, 23 percent higher than at the peak of the Cold War, and 64 percent higher than the Cold War’s average. We now comprise close to 47% of global defense spending and around 8 times what China (the second place finisher) is currently spending on defense.
Continue reading ‘A Big What If – Finding Clean Energy Dollars in Obama’s War Chest’







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