Our Deficit and Defense

                   

The U.S. debt and the federal budget deficits are at levels few Americans can comprehend. Add to that the liability of the federal government for Social Security, Medicare, Medicaid and prescription drugs and you have an estimated deficit close to 100 trillion dollars and growing.

                   

Entitlements now account for about 60 percent of federal outlays.

Every year, non-discretionary spending eats up more of the federal budge.

                   

Defense spending, even if eliminated, would not solve the huge deficit problem.

                   

And despite what the left loves to say about the uselessness and waste of U.S. defense expenditures, it returns immeasurable benefits in the form of global economic prosperity, freedom and security. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)